Goldman Sachs Upgrades Woodward to Buy, Raises Price Target to $153
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Noah Poponak has upgraded Woodward (NASDAQ:WWD) from Sell to Buy and increased the price target from $105 to $153.
January 10, 2024 | 11:36 am
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Woodward's stock rating has been upgraded by Goldman Sachs from Sell to Buy, with a significant increase in the price target from $105 to $153.
An upgrade from Sell to Buy by a prominent analyst at Goldman Sachs is a strong positive signal for investors, suggesting improved fundamentals or future prospects for Woodward. The substantial raise in the price target further implies a bullish outlook on the stock's value, which could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100