Truist analyst Michael Ciarmoli raised the firm’s price target on Woodward (WWD) to $267 from $232 and keeps a Buy rating on the shares as part of a broader research note on Commercial Aerospace component names. The firm has refreshed its aerospace supplier shipset and revenue exposure per aircraft analysis in light of the recent MAX production optimism, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WWD:
- Woodward upgraded to Buy from Hold at Deutsche Bank
- Woodward price target raised to $232 from $209 at Truist
- Woodward price target raised to $245 from $225 at Jefferies
- Jefferies aerospace,defense analysts hold analyst/industry conference call
- Woodward price target raised to $193 from $175 at Wells Fargo