Morgan Stanley analyst Kristine Liwag raised the firm’s price target on Curtiss-Wright to $330 from $284 and keeps an Overweight rating on the shares. The firm left the company’s investor day “impressed” and views management’s new three-year targets as “achievable” given strong endmarket demand and the company’s execution track record. Optionality in the portfolio, most evident in commercial nuclear, is “an underappreciated part of the story,” the analyst added.
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Read More on CW:
- Curtiss-Wright price target raised to $310 from $293 at Stifel
- Curtiss-Wright to host investor day
- Curtiss-Wright introduces three-year financial targets
- Curtiss-Wright backs FY24 adjusted EPS view $10.10-$10.40, consensus $10.34
- Curtiss-Wright selected to provide U.S. Airforce with networking technology
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