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Curtiss-Wright price target raised to $395 from $334 at Morgan Stanley
The Fly

Curtiss-Wright price target raised to $395 from $334 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Curtiss-Wright (CW) to $395 from $334 and keeps an Overweight rating on the shares. Another “beat-and-raise” quarter “deepens our conviction in CW as a high-quality player in a scarce pool of A&D smid-caps,” the analyst tells investors. Recent commercial nuclear power commitments support sentiment, while continued execution in core aerospace and defense end markets de-risk the targets presented at the company’s investor day, the analyst argues in a post-earnings note.

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