Goldman Sachs Maintains Buy on Woodward, Raises Price Target to $153
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Noah Poponak has reaffirmed a Buy rating on Woodward (NASDAQ:WWD) and increased the price target from $105 to $153.
January 11, 2024 | 1:52 pm
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Goldman Sachs maintains a Buy rating on Woodward and raises the price target from $105 to $153, indicating a positive outlook on the stock.
The increase in price target by a reputable investment bank like Goldman Sachs typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100