Latest news with #KristineLiwag
Yahoo
2 days ago
- Business
- Yahoo
Morgan Stanley Hikes Leonardo DRS, Inc. (DRS)'s Price Target To $47, Maintains Equal-Weight Rating
Leonardo DRS, Inc. (NASDAQ:DRS) is among the 11 Best Large Cap Defense Stocks to Buy According to Analysts. On July 31, Morgan Stanley analyst Kristine Liwag raised the stock's price target to $47 from $44, while maintaining an Equal-Weight rating for its shares. A close up of the hand of a financial analyst, holding a copy of a report from a rating agency. The adjustment, which reflects a nearly 11% upside from its current trading price, followed Leonardo DRS, Inc. (NASDAQ:DRS)'s second-quarter financial results a day earlier, in which the company beat earnings estimates and posted a 42% surge in net profit, driven by healthy bookings, solid organic revenue growth, and continued margin expansion. Leonardo DRS, Inc. (NASDAQ:DRS)'s backlog rose 9% year-over-year to $8.6 billion, signalling significant potential for future revenue growth. The defense technologies company also raised its guidance across all metrics, citing continued organic growth. In other related news, on July 11, Truist Securities reiterated a Buy rating for the stock and lifted its share price target to $51 from $45. Goldman Sachs also recently initiated coverage of Leonardo DRS, Inc. (NASDAQ:DRS) with a Buy rating and announced a price target of $49. Wall Street analysts maintain a positive outlook for the stock, with 6 out of 9 firms having a Buy rating for its shares. Leonardo DRS, Inc. (NASDAQ:DRS) has a one-year average share price target of $48.67, representing a 15.20% upside potential. While we acknowledge the potential of DRS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Low Priced Defense Stocks to Buy Now and 10 Best Aerospace Stocks to Buy Now. Disclosure: None.
Yahoo
01-08-2025
- Business
- Yahoo
Morgan Stanley Raises HEICO (HEI) PT to $330 on Aerospace Strength
HEICO Corporation (NYSE:HEI) is one of the best growth stocks to buy and hold for 3 years. On July 17, Morgan Stanley analyst Kristine Liwag increased the firm's price target on Heico to $330 from $305, while maintaining an Equal Weight rating on the shares. The adjustment reflects the strong performance of aerospace stocks, which are currently trading at record valuation multiples. Morgan Stanley believes this multiple expansion indicates the sector's resilience and expects positive industry trends to continue. Heico achieved record consolidated operating income and net sales in Q2 2025, with increases of 19% and 15% respectively, year-over-year. Cash flow from operating activities increased by 45% to $204.7 million. Breaking down by segment, the Flight Support Group reported a 19% increase in net sales, reaching $767.1 million. The Electronic Technologies Group saw a 7% increase in net sales to $342.2 million. A skilled machinist inspecting a precision bearing for a aerospace/defense application. However, the potential reductions in defense, space, or homeland security spending by the US and/or foreign customers could impact sales at the company. The company is also exposed to increasing competition from both existing and new market entrants, which could reduce sales. Product development or manufacturing difficulties could lead to increased costs and delayed sales as well. HEICO Corporation (NYSE:HEI) designs, manufactures, and sells aerospace, defense, and electronics-related products and services in the US and internationally. While we acknowledge the potential of HEI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
30-07-2025
- Business
- Yahoo
Morgan Stanley Lifts Howmet Aerospace Inc. (HWM)'s Price Target To $210, Maintains Overweight Rating
Howmet Aerospace Inc. (NYSE:HWM) is among the 10 Best Aerospace Stocks to Buy Now. On July 17, Morgan Stanley hiked the stock's price target to $210 from $170, while maintaining an Overweight rating for its shares. Engineers examining stress tests of an aircraft engine, working to make sure its ready for flight. Analyst Kristine Liwag noted the record multiples aerospace stocks were trading at, while adding that the expansion reflected the sector's resilience. She expects the dynamics to 'largely remain on trend'. The Morgan Stanley analyst also highlighted the improvements in the aero supply chain, Boeing's output momentum, and robust air traffic demand, which continue to favor stocks in the sector with a mix of aftermarket and OEM exposure. The price target of $210 for Howmet Aerospace Inc. (NYSE:HWM) represents a nearly 12% upside potential from its trading value at close on July 28. On July 14, analysts at Susquehanna also raised Howmet Aerospace Inc. (NYSE:HWM)'s price target to $210 from $170, and reiterated the prior Positive rating for the stock. While we acknowledge the potential of HWM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best Global Stocks to Buy Right Now and 10 Best Small Cap Defense Stocks to Buy According to Hedge Funds. Disclosure: None.
Yahoo
18-07-2025
- Business
- Yahoo
Howmet Aerospace Stock Hits All-Time Highs, Analysts Eye Further Gains
Howmet Aerospace Inc. (NYSE:HWM) stock recently hit new all-time and 52-week highs, driven by strong market momentum and bullish analyst sentiment. HWM has a 52‑week high of $189.48 and a 52‑week low of $77.22. The stock is now up around 72.6% year‑to‑date and is trading roughly 10% above its 50‑day simple moving average. Analysts remain bullish. Morgan Stanley's Kristine Liwag reaffirmed her Overweight rating on HWM and raised the price forecast from $170 to $210. Also Read: Susquehanna's Charles Minervino also maintained a Positive rating and lifted his forecast to $210 from $170. Earlier in July, analysts at RBC and Truist raised their price forecasts to $200 and $192, respectively, citing robust aerospace demand and operational improvements. The company had also boosted its full-year guidance following strong first-quarter results, with EPS up 51% year over year. Howmet is scheduled to report second-quarter earnings on July 29. In late June, the CEO received a $45 million retention grant in the form of 255,363 restricted stock units (RSUs), scheduled to vest in 2028. A Form 4 filing confirmed the award, while his $1.8 million base salary and bonus eligibility remain unchanged. Price Action: HWM shares are trading higher by 0.78% to $190.28 at last check Friday. Read Next:Photo by T. Schneider via Shutterstock Latest Ratings for HWM Date Firm Action From To Feb 2022 Keybanc Maintains Overweight Feb 2022 Morgan Stanley Maintains Overweight Dec 2021 Keybanc Maintains Overweight View More Analyst Ratings for HWM View the Latest Analyst Ratings UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Howmet Aerospace Stock Hits All-Time Highs, Analysts Eye Further Gains originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
28-06-2025
- Business
- Yahoo
Morgan Stanley Maintained a Buy Rating on Loar Holdings (LOAR), Kept the PT Unchanged
Loar Holdings Inc. (NYSE:LOAR) is one of the 13 Best Aerospace and Defense Stocks to Invest in Now. On June 13, Kristine Liwag from Morgan Stanley maintained a Buy rating on Loar Holdings Inc. (NYSE:LOAR) with a price target of $100. The reiterated bullish sentiment is based on the company's strong Q1 2025 results and an upward revision for the 2025 outlook. During the fiscal first quarter of 2025, the company delivered net sales of $114.7 million, up 24.8% year-over-year. The growth was driven by strong demand in defense, commercial aftermarket, and commercial OEM sectors. Notably, the net income of $15.3 million also grew, up from $13.1 million a year ago. Management noted its Defense sales surged by 30%, driven by strong demand across multiple platforms and increased market share from new product launches. An airplane hangar filled with components, showing the enormous scale of the company's maintenance & overhaul services. Loar Holdings Inc. (NYSE:LOAR) also noted growing bookings and backlogs to record amounts across all its market sectors. As a result, management revised its full-year outlook upwards from previously expected net sales of $480 million and $488 million to $482 million and $490 million. Loar Holdings Inc. (NYSE:LOAR) manufactures and supplies specialized aerospace and defense components. It serves key markets including commercial aerospace, business jets, general aviation, and defense, and has established relationships with original equipment manufacturers and Tier One suppliers worldwide. While we acknowledge the potential of LOAR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
