Howmet Aerospace Inc. (NYSE: HWM) stock reaches new all-time and 52-week highs, up 72.6% year-to-date. Strong market momentum and bullish analyst sentiment contribute to the surge. The stock trades 10% above its 50-day moving average at $190.28. Analysts raise price forecasts, citing robust aerospace demand and operational improvements.

Morgan Stanley and Susquehanna analysts reiterate positive ratings on HWM, raising price targets to $210. RBC and Truist analysts also increase their forecasts to $200 and $192, respectively. Howmet boosted its full-year guidance after a 51% year-over-year increase in EPS. Second-quarter earnings report set for July 29.

CEO of Howmet receives $45 million retention grant in the form of 255,363 restricted stock units, vesting in 2028. Base salary and bonus eligibility remain unchanged. Stock trading higher by 0.78% at $190.28. Analysts remain optimistic about further gains. Company experiencing strong performance with earnings set to be reported soon.

Read more at Yahoo Finance: Howmet Aerospace Stock Hits All-Time Highs, Analysts Eye Further Gains