Woodward upgraded to Buy from Sell at Goldman Sachs

Goldman Sachs double upgraded Woodward to Buy from Sell with a price target of $153, up from $105. Woodward has content gains on next-generation aircraft that will drive its participation in the aerospace ramp-up, the analyst tells investors in a research note. Further, the firm says the company has relatively high aftermarket mix, which should grow above market over time given the content gains.