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Woodward price target raised to $404 from $366 at Truist

Truist raised the firm’s price target on Woodward (WWD) to $404 from $366 and keeps a Buy rating on the shares. The company’s results beat expectations across the board and the management raised guidance on sales growth, EPS, aero growth, and increased both industrial sales growth and industrial seg earnings, the analyst tells investors in a research note.

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