Woodward price target raised to $305 from $294 at Truist

Truist analyst Michael Ciarmoli raised the firm’s price target on Woodward (WWD) to $305 from $294 and keeps a Buy rating on the shares after its Q4 earnings beat. The company’s results handily exceeded expectations across the board, and more importantly, the management’s FY26 outlook was generally in line with expectations, with some puts and takes around margins and free cash flows, the firm added. Truist believes that Woodward’s margin outlook in aero will prove conservative given a 5% pricing tailwind.