Susquehanna raised the firm’s price target on Howmet Aerospace (HWM) to $132 from $120 and keeps a Positive rating on the shares. The firm said they reported solid 3Q24 results. Overall revenue came in slightly below expectations, reflecting headwinds from restricting aerospace parts supply to Boeing (BA) pending the outcome of the IAM strike, and ongoing challenges in the Forged Wheels business, particularly due to weaker European market conditions.
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