UBS Raises Woodward (WWD) Price Target Following Strong Quarterly Results

Woodward, Inc. (NASDAQ:WWD) ranks among billionaire Stanley Druckenmiller’s 10 best stock picks. UBS reaffirmed its Buy rating on Woodward, Inc. (NASDAQ:WWD) but increased the company’s price target from $378 to $417 on February 3. The hike came after Woodward’s impressive quarterly results and guidance increases across all divisions, despite management’s cautious forecast for the second through fourth fiscal quarters. UBS stated that growth is strong in both the aerospace and industrial end markets, wit ...