Truist Securities Reiterates Hold on Woodward, Maintains $124 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli has reiterated a Hold rating on Woodward (NASDAQ:WWD) and maintained a $124 price target for the company's stock.
November 20, 2023 | 3:24 pm
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Truist Securities analyst Michael Ciarmoli reaffirmed a Hold rating on Woodward with a steady price target of $124.
The reiteration of a Hold rating and maintenance of the price target by Truist Securities suggests no significant change in the company's outlook or market position. This typically does not have a substantial short-term impact on the stock price, as it reflects the analyst's view that the stock is fairly valued at its current level.
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IMPORTANCE 60
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