Woodward price target raised to $415 from $404 at Truist

Truist raised the firm’s price target on Woodward (WWD) to $415 from $404 and keeps a Buy rating on the shares after its Q2 earnings beat and guidance raise. The management’s guidance raise is favorable given it is ahead of Street expectations across the board and reflects confidence in the end-market strength for the remainder of FY26, the analyst tells investors in a research note. The firm adds that the management has not seen any impacts from the geopolitical developments and is confident in commercial aero services.