Truist Securities Maintains Hold on Woodward, Raises Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli maintains a 'Hold' rating on Woodward (NASDAQ:WWD) and raises the price target from $110 to $124.
August 01, 2023 | 3:26 pm
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Woodward's price target has been raised from $110 to $124 by Truist Securities, while maintaining a 'Hold' rating.
The increase in price target indicates that the analyst sees potential for the stock's price to rise in the future. However, the 'Hold' rating suggests that the analyst does not recommend buying more of the stock at the current time. This could lead to a positive impact on the stock's price in the short term.
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