Howmet Aerospace price target raised to $290 from $255 at Susquehanna

Susquehanna analyst Charles Minervino raised the firm’s price target on Howmet Aerospace (HWM) to $290 from $255 and keeps a Positive rating on the shares. The firm updated its model following Q4 results as the company continues to operate effectively as a key supplier within the Commercial Aerospace and Defense end markets. Additionally, the Gas Turbine business provides an additional leg of growth over the medium term, with the company expecting this business to double over the next three to five years.