Howmet Aerospace Inc. (NYSE:HWM) is among the 12 Best Aerospace Stocks to Buy Right Now. The stock continues to remain on analysts’ radar and sports a Strong Buy rating with an average share price upside of 19% as of the close of business on Thursday.

Recent updates include Citigroup on April 2, reducing the price target on the stock to $271 from $283, while reiterating a Buy rating. The adjustment came as part of the firm’s first-quarter preview.

Earlier on April 1, Wells Fargo’s David Strauss initiated coverage on Howmet Aerospace Inc. (NYSE:HWM) with an Equal-Weight rating and announced a price target of $240.

The analyst, in a research note to clients, noted HWM’s high valuation, while highlighting that it anticipates less upside to estimates compared to peers in the industry. Wells Fargo also added that much of the company’s organic growth over the past years was largely in line with how other peers performed.

In other news, last month the company was named among the 10 Best Aerospace Dividend Stocks to Buy by Insider Monkey, reflecting its commitment to shareholder returns.

Howmet Aerospace Inc. (NYSE:HWM) provides advanced engineered solutions for the aerospace and transportation industries. The company’s primary business focus is on providing components for aircraft engines, airframe structures, and fastening systems.

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: Donald Trump Stock Portfolio: 8 Stocks Owned by the President and 10 Best Aerospace and Defense Stocks to Buy According to Billionaires.

Disclosure: None. Follow Insider Monkey on Google News.