Wells Fargo lowered the firm’s price target on Woodward (WWD) to $193 from $197 and keeps an Equal Weight rating on the shares. The firm’s commercial aero view remains cautious on the pace of aero OE build ramp, similar to its December outlook. Wells’ company calls late in Q4 back up this view, the firm adds. For defense, funding concerns and DOGE risk likely remain an overhang, and Q4 is unlikely to offer much clarity.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WWD:
- Woodward price target raised to $180 from $162 at Deutsche Bank
- Woodward signs agreement to acquire Safran’s Electronics & Defense business
- Woodward price target raised to $197 from $177 at Wells Fargo
- Woodward price target raised to $200 from $175 at Barclays
- Woodward price target raised to $228 from $209 at UBS