BUZZ-Deutsche Bank starts Curtiss-Wright with 'buy'

Reuters

2024/12/05

** Deutsche Bank initiates coverage of aircraft parts maker Curtiss-Wright CW.N with "buy" rating; PT at $452

** Brokerage says CW has highly defensive end-market exposure with long-cycle visibility and limited near-term downside risk

** PT represents 19% upside to stocks last close

** Brokerage also says it sees upside in company's diversified exposure to a demand resurgence within the commercial nuclear industry and CW's share gain opportunity in defense electronics

** 5 of 8 brokerages rate the stock "buy" or higher, 3 "hold"; their median PT is $370 - LSEG data

** Up to last close, stock up 70.20% YTD

(Reporting by Anshuman Tripathy)

((Anshuman.Tripathy@thomsonreuters.com))

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