""Howmet Aerospace has been attracting the attention of major investors, with Railway Pension Investments Ltd and Plato Investment Management Ltd placing significant investments. The company's robust demand has led to a surge in stock value, boosted by strong earnings and positive guidance. Several banks, including the Royal Bank of Canada and JPMorgan Chase & Co., have increased their price target for Howmet. The aerospace firm has also outshone its competitors on trading days, enticing hedge funds. Despite some underperformance, Howmet saw a new 12-month high following strong earnings. Lazard Asset Management LLC has divested some shares, while there's been high options volume. Q2 2024 was impressive, beating expectations and raising guidance, triggering a 7% leap in stock. Q3 2024 earnings predictions have been issued - a major feat that led Truist to lift their price target following this guidance upgrade. Howmet's stock stands at an all-time high now, having broken out on revised guidance and a boosted dividend. Financial health is strong, with intrinsic value potentially 99% higher than its share price. BNP Paribas, Mitsubishi UFJ Trust & Banking Corp, and Blair William & Co have recently modified their stakes in Howmet."",
Howmet Aerospace HWM News Analytics from Tue, 13 Feb 2024 08:00:00 GMT to Sun, 04 Aug 2024 13:18:31 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -3
