Howmet Aerospace Plunges 5.23% Despite 33.7% Six-Month Surge

Generated by AI AgentAinvest Movers Radar
Thursday, Apr 3, 2025 6:44 am ET1min read
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On April 3, 2025, Howmet Aerospace's stock price dropped by 5.23% in pre-market trading.

Howmet Aerospace has seen significant growth over the past six months, surging by 33.7%. This surge is attributed to the company's strong prospects and solid liquidity position across its end markets. Analysts have given Howmet AerospaceHWM-- a Moderate Buy rating, indicating that the stock still has potential for further growth.

Goldman Sachs recently lifted their target price for Howmet Aerospace from $124.00 to $139.00, maintaining a "buy" rating. This move reflects the positive outlook on the company's future performance and its ability to continue delivering strong returns to investors.

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