TD Cowen Downgrades Woodward to Hold, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has downgraded Woodward (NASDAQ:WWD) from Buy to Hold and reduced the price target from $186 to $160, indicating a less optimistic outlook for the company's stock.
October 04, 2024 | 10:43 am
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TD Cowen analyst Gautam Khanna has downgraded Woodward from Buy to Hold and reduced the price target from $186 to $160, suggesting a less favorable view on the stock's potential.
The downgrade from Buy to Hold by TD Cowen, along with a lowered price target, indicates a less optimistic outlook for Woodward's stock. This could lead to a negative short-term impact on the stock price as investors adjust their expectations.
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