Howmet Aerospace price target raised to $105 from $90 at Argus

Argus raised the firm’s price target on Howmet Aerospace to $105 from $90 and keeps a Buy rating on the shares, noting that the company recently reported “strong” Q2 results and raised guidance for the balance of 2024. Business trends are positive and a 60% increase to the dividend signaled management’s confidence in Howmet’s outlook, the analyst tells investors.