Crypto Whales Are Loading Up — Are You?
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In a report published Monday, Jefferies analyst Sheila Kahyaoglu upgraded the rating on Woodward (NASDAQ: WWD) from Hold to Buy, and raised the price target from $38.00 to $47.00.
In the report, Jefferies noted, “We are assuming coverage of Woodward and are upgrading the shares to BUY for the following reasons: 1) increased visibility and growth in Commercial Aerospace; 2) we believe energy expectations now reflect reality; 3) Operating margins appear to have reached an inflection point; 4) The current share price implies the Aerospace segment is trading at a 30% discount to peers. Our target price moves to $47 from $38.”
Woodward closed on Friday at $39.15.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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