Wells Fargo analyst Matthew Akers raised the firm’s price target on Woodward (WWD) to $205 from $193 and keeps an Equal Weight rating on the shares. The firm notes Woodward’s Q1 provided a modest beat driven by industrial, as China OH was slightly ahead of plan. Guidance still appropriately bakes in a wide range of aero outcomes, and could have repo upside, Wells adds.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WWD: