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Woodward price target raised to $470 from $445 at Deutsche Bank

Deutsche Bank analyst Scott Deuschle raised the firm’s price target on Woodward (WWD) to $470 from $445 and keeps a Buy rating on the shares following the fiscal Q2 report. The firm says “multiple elements” of Woodward’s investment case remain underappreciated. Deutsche’s conviction in the company’s continued near and medium-term upside revision opportunity remains high.

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