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Howmet Aerospace price target raised to $75 from $60 at BofA

BofA analyst Ronald Epstein raised the firm’s price target on Howmet Aerospace to $75 from $60 and keeps a Buy rating on the shares. Despite production ramp delays from original equipment manufacturers, the firm continues to view Howment as well positioned to capture growing demand as one of the few U.S. suppliers of titanium forgings, casting, and engineered structures.

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