Deutsche Bank analyst Scott Deuschle raised the firm’s price target on Howmet Aerospace (HWM) to $320 from $278 and keeps a Buy rating on the shares. The firm says it is rare to find a scaled aerospace business that can deliver 44% organic EBITDA growth, which is what Howmet’s Engine Products segment delivered this quarter.
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- Howmet Aerospace reports Q1 EPS $1.22, consensus $1.11
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