01:05 PM EST, 11/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target by $28 to $228, on a P/E multiple of 42.0x our 2027 EPS estimate, which is a premium to HWM's three-year average forward P/E of 33.3x and also a premium relative to the peer average forward P/E of 35.2x. Although our assumed multiple is a large premium to HWM's three-year average, it is a discount to HWM's trailing-12-month average of 43.7x. We raise our EPS estimates in 2025 by $0.05 to $3.69, 2026 by $0.13 to $4.61, and 2027 by $0.16 to $5.43. Q3 results exceeded expectations with record revenue of $2.09B (+14% Y/Y) and EBITDA margins of 29.4% (+290 bps Y/Y). Commercial aerospace growth of 15% was driven by strong engine spares demand (+31% Y/Y), while defense surged 24%. Management provided 2026 revenue guidance of ~$9B (+10% Y/Y), reflecting confidence in aerospace recovery and emerging IGT opportunities from data center expansion. HWM deployed $300M for buybacks in Q3/October and raised the dividend 20%, supported by free cash flow of $423M and net leverage of just 1.1x.