HWM appoints new executive

What happened: Waste Management Inc (WM) appointed Tara Hemmer, a longtime insider, as its new COO on May 13. Howmet Aerospace Inc. (HWM) appointed Jonathan Arena as Executive VP and Chief Legal Officer on April 13. Citi analyst John Godyn raised HWM's price target to $303 from $271 on May 18, maintaining a Buy rating.

Market impact: These appointments signal a vote of confidence in the management teams of WM and HWM, driving potential investor interest in these stocks. Citi's price target increase reflects positive sentiment towards HWM's growth prospects, which could attract more buyers and push up its stock price.

What to watch next: WM's Q2 2026 earnings report, due on July 27, will provide insights into Hemmer's impact on operations. HWM's Q2 2026 earnings on August 5 will show if the company's recent executive changes and positive analyst sentiment translate into strong financial performance. Additionally, monitor any further analyst coverage or price target changes for HWM.