UBS Lifts Howmet Aerospace Price Target to $260 Citing Strong Margins and Revenue Momentum
UBS increased its 12-month price target for Howmet Aerospace Inc. to $260 from $228 while retaining a Neutral rating. The upgrade follows better-than-expected margins and continued top-line growth, underpinned by pricing, content gains and volume expansion, even as the firm notes elevated valuation multiples versus peers. Howmet’s recent acquisitio…