Curtiss-Wright ( (CW) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Curtiss-Wright shares slipped as investors reacted to cautious commentary around upcoming Q1 results, with expectations for little in the way of surprises or fresh guidance. The mood in the market is subdued, as traders see limited short-term catalysts for a strong move higher.
Despite this, Stifel nudged its price target higher while reiterating a Hold rating on the stock. The firm pointed to the stability of Curtiss-Wright’s flow-control and multi-industry businesses, but stopped short of calling for a more bullish stance.
More about Curtiss-Wright
YTD Price Performance: 33.19%
Average Trading Volume: 315,241
Technical Sentiment Signal: Buy
Current Market Cap: $26.76B
For further insights into CW stock on TipRanks’ Stock Analysis page.
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