Global Markets React to BOJ Signals and AI Stock Warnings; Woodward Inc. Sees Target Hike

Key TakeawaysBank of Japan (BOJ) officials are urging vigilance regarding the potential overvaluation of AI-related stocks, echoing concerns from other global financial institutions.The Japanese Yen (JPY) strengthened significantly, and Japanese government bond (JGB) yields surged following hawkish comments from BOJ Governor Kazuo Ueda, signaling a potential interest rate hike as early as December.Truist Securities has raised its price target for Woodward Inc. (WWD) to $305 from $294, maintaining a "Buy" ra ...