Bullish Case: Historic growth, institutional support from entities like Commonwealth of PA, and financials outstripping expectations suggest HWM's robust foundation may continue upward trajectory.


Bearish Case: Market complacency reflected by flat recent price action and price to book ratio at 4.5 might hint at overvaluation or impending profit-taking leading to short-term declines.


Potential Outcomes:

1) Continuation of historic growth: 35%.

2) Stagnation due to market saturation or overvaluation leading to flat/declining prices: 50%.

3) Sharp decline from an unforeseen event: 15%.


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April 09, 2024


Howmet Aerospace Forecast

HWM        Howmet Aerospace
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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