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Stock impact report

RBC Positive on Woodward Inc (WWD) As Company Signs New Agreement [Yahoo! Finance]

Woodward, Inc. (WWD) 
Last woodward, inc. earnings: 2/3 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: woodward.com/investors.aspx
Company Research Source: Yahoo! Finance
On April 17, Ken Herbert, an analyst at RBC Capital, set a target price of $450 for Woodward, Inc. (NASDAQ:WWD). His price target suggests an additional upside of 21.6% from here on. Woodward is one of the top suppliers of control solutions for aerospace, defense, and industrial markets. RBC believes earnings will increase in the future due to an increased level of maintenance, repair, and overhaul activity. The main reason for the increase in earnings is the servicing and supply of aviation propulsion and geared turbofan engines. An agreement between Ontic Engineering and Manufacturing and Woodward was reached on April 15, under which Woodward will sell the pilot control product line and services to Ontic Engineering. This includes pilot controls for commercial and defense applications such as throttle quadrant assemblies, passive side sticks, and rudder pedals, which are assembled at Woodward's Illinois plant. Moreover, Woodward will be the sole supplier of certain components und Show less Read more
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