Cowen Downgrades Howmet Aerospace Inc. (HWM) to Market Perform

April 13, 2020 9:17 AM EDT
Get Alerts HWM Hot Sheet
Price: $32.58 +0.77%

Rating Summary:
    10 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 12 | New: 23
Trade Now! 
Join SI Premium – FREE

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

Cowen analyst Gautam Khanna downgraded Howmet Aerospace Inc. (NYSE: HWM) from Outperform to Market Perform with a price target of $15.00 (from $17.00).

The analyst comments "The severity & immediacy of likely aero OE production rate cuts render the stock "dead money" at best, at least until a lower EPS bound can be established with conviction."

For an analyst ratings summary and ratings history on Howmet Aerospace Inc. click here. For more ratings news on Howmet Aerospace Inc. click here.

Shares of Howmet Aerospace Inc. closed at $12.85 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst PT Change, Downgrades

Related Entities

Cowen & Co