What To Know About Goldman Sachs's Upgrade of Woodward
Portfolio Pulse from Benzinga Insights
Goldman Sachs upgraded Woodward (NASDAQ:WWD) to Buy with a new price target of $153.00, up from the previous $105.00. Woodward's shares are currently trading at $135.25, and the new target suggests a potential 13.12% increase. Woodward is a designer, manufacturer, and service provider of control solutions for aerospace and industrial markets, with facilities in the US, Europe, and Asia.
January 10, 2024 | 5:00 pm
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Goldman Sachs upgraded Woodward to Buy and increased the price target from $105.00 to $153.00, indicating a potential upside of 13.12% from the current share price.
The upgrade by Goldman Sachs to a Buy rating and the significant increase in price target are strong positive signals for Woodward, likely leading to increased investor confidence and potential share price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100