Howmet Aerospace (HWM) shares are experiencing a modest increase of 0.54% to $103.38 as of 10:40 am on October 8th, following the initiation of coverage by Susquehanna with a "Positive" rating and a price target of $120. This new coverage suggests a potential upside of approximately 16.70% from the current price, indicating strong confidence in the company's future performance. Susquehanna's optimistic outlook is likely driven by Howmet's position as a leading provider of advanced engineered solutions for the aerospace and transportation industries, with a focus on jet engine components and aerospace fastening systems. The market's reaction to this coverage reflects investor optimism about Howmet's growth prospects and its ability to capitalize on the demand for mission-critical aerospace components.