BUZZ - Howmet's stock rises after Morgan Stanley adds it to its list of preferred stocks

October 16 - ** Howmet Aerospace (HWM.N) shares rose 2.3% to $224.69

** Morgan Stanley analyst Kristine Liwag upgraded HWM to the “top pick” in the commercial aerospace segment

** Believes the recent sell-off in the segment was excessive; strong demand, limited capacity, and pricing power will support an upcycle in the coming years

** Expects strong HWM results for the third quarter of 2026; continues to recommend taking advantage of the upcycle in the commercial OEM industry by investing through suppliers

** The brokerage reaffirmed its “overweight” rating and set the target price at $335

** The average rating among 24 analysts is “buy”; the median target price is $326.83—data compiled by LSEG

** With today’s gain factored in, the stock has risen more than 9% since the beginning of the year

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