Howmet Aerospace (HWM, Financial) has received a positive nod from Benchmark analyst Josh Sullivan, who has increased the company's price target significantly from $85 to $135 while maintaining a Buy rating on the stock. Sullivan highlights that the firm's fiscal year 2025 guidance was set with cautious projections, yet reaffirming these numbers is seen as an optimistic sign given the current market conditions.
The analyst regards Howmet as a crucial choice for investors seeking safety, thanks to its sound financial strategies and stable outlook, even amidst a challenging economic environment. With these developments, Howmet Aerospace solidifies its position as a secure investment prospect for those focusing on long-term gains.
