Woodward price target raised to $226 from $187 at Truist

Truist analyst Michael Ciarmoli raised the firm’s price target on Woodward (WWD) to $226 from $187 and keeps a Buy rating on the shares. Woodward’s Q4 results beat expectations and management’s FY25 outlook was 2.5% the Street’s EPS estimate as the China on-highway revenue headwind is proving to be more manageable than anticipated, the analyst tells investors in a research note.