Alembic Global Downgrades Woodward to Neutral
Portfolio Pulse from Benzinga Newsdesk
Alembic Global analyst Peter Skibitski downgraded Woodward (NASDAQ:WWD) from Overweight to Neutral, indicating a change in the firm's outlook on the stock.
February 01, 2024 | 4:37 pm
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Woodward was downgraded from Overweight to Neutral by Alembic Global analyst Peter Skibitski, suggesting a more cautious view on the stock.
Analyst ratings can significantly influence investor perception and stock price. A downgrade from 'Overweight' to 'Neutral' suggests that the analyst sees fewer upside potentials or increased risks, which could lead to a decrease in investor interest and potentially lower the stock price in the short term.
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