Barclays Maintains Equal-Weight on Woodward, Raises Price Target to $128
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst David Strauss maintains an Equal-Weight rating on Woodward (NASDAQ:WWD) and raises the price target from $112 to $128.
August 08, 2023 | 12:45 pm
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POSITIVE IMPACT
Barclays maintains an Equal-Weight rating on Woodward and raises the price target from $112 to $128, which could potentially lead to an increase in the stock's price.
The raised price target by Barclays indicates a positive outlook for Woodward. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price. Therefore, this news is highly relevant and important for investors in Woodward.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100