Woodward (WWD) PT Raised to $125 at Cowen

December 9, 2019 7:02 AM EST
Get Alerts WWD Hot Sheet
Price: $116.83 +0.57%

Rating Summary:
    10 Buy, 8 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 13 | New: 52
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Cowen analyst Gautam Khanna raised the price target on Woodward (NASDAQ: WWD) to $125.00 (from $113.00) while maintaining a Market Perform rating.

The analyst commented, "WWD's investor day affirmed the upbeat aero and FCF outlook, and calls for an Industrial segment margin lift to 16%, which may be aggressive. Our new PT is $125 (5.1% FCF yield), a premium for WWD's superior relative growth."

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