Woodward price target raised to $362 from $329 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Woodward (WWD) to $362 from $329 and keeps a Buy rating on the shares. Goldman expects Woodward to continue outpacing industry aftermarket growth, continue seeing strong defense growth, benefit from the IGT build-out, and have an inflection aerospace OE, the analyst tells investors in a research note.