Woodward, Inc. Invests $200 Million in New Factory; UBS Keeps Buy Rating

Reported about 13 hours ago

Woodward, Inc. (NASDAQ:WWD) plans to invest $200 million to construct a 300,000-square-foot factory in South Carolina, expected to create around 275 jobs by 2027. UBS analyst Gavin Parsons has maintained a Buy rating with a price target of $299, highlighting growth in the China LNG truck market as a significant factor for the company's positive outlook, despite recent market challenges.

Source: YAHOO

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