BNP Paribas Exane has initiated coverage on Howmet Aerospace (HWM) with an Outperform rating and a $240 price target. Howmet Aerospace also successfully priced $500 million in 4.550% notes maturing in 2032, using the proceeds to redeem higher interest notes and is expected to save $14 million annually in interest payments. The company designs and manufactures engineered products for the aerospace and transport industries globally.

<p>BNP Paribas Exane initiated coverage on Howmet Aerospace (NYSE:HWM) with an Outperform rating and a $240 price target. Howmet Aerospace is considered one of the best industrial stocks to buy.</p>

BNP Paribas Is Bullish on Howmet Aerospace (HWM)