Howmet rises after Morgan Stanley adds to top pick list
16/10/2026 15:07
BUZZ-Howmet rises after Morgan Stanley adds to top pick list ** Howmet Aerospace HWM.N shares rise 2.3% to $224.69
** Morgan Stanley analyst Kristine Liwag moves HWM to "Top Pick" in commercial aerospace
** Views recent sector selloff as overdone; robust demand, constrained capacity and pricing power supporting a multi-year upcycle
** Expects strong Q326 HWM results; continues to favor gaining exposure to commercial OEM upcycle through suppliers
** Brokerage reiterates "overweight" rating, PT of $335
** Average rating of 24 analysts is "buy;" their median PT is $326.83 - data compiled by LSEG
** Including session gains, stock has risen over 9% YTD