Woodward price target raised to $232 from $216 at UBS

UBS raised the firm’s price target on Woodward (WWD) to $232 from $216 and keeps a Buy rating on the shares. Woodward delivered a strong start to fiscal 2025, with a beat across most metrics in the quarter and reiterated guidance, which is a prudent approach given the market sensitivity to a small downward revision in Q3, the analyst tells investors in a research note. Long-term, Woodward is one of the best positioned companies in Aerospace, benefiting from positive margins on OE and a multiplier on next-generation engine content, which has a long runway ahead, the firm says.