Woodward shares are trading higher after Wells Fargo maintained an Equal-Weight rating on the stock and raised its price target from $110 to $128. Also, Truist Securities maintained a Hold rating on the stock and raised its price target from $110 to $124.
Portfolio Pulse from Benzinga Newsdesk
Woodward Inc's shares are trading higher after Wells Fargo and Truist Securities maintained their ratings and raised their price targets. Wells Fargo maintained an Equal-Weight rating and raised its price target from $110 to $128. Truist Securities maintained a Hold rating and raised its price target from $110 to $124.
August 04, 2023 | 9:30 am
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Woodward Inc's stock is trading higher after Wells Fargo and Truist Securities maintained their ratings and raised their price targets.
The increase in Woodward Inc's stock price is likely due to the maintained ratings and increased price targets by Wells Fargo and Truist Securities. This shows a positive outlook for the company's stock, which can attract more investors, leading to a higher stock price.
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