WOODWARD INC (WWD) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of WOODWARD INC (WWD) from UNDERPERFORM to NEUTRAL on January 02, 2013, with a target price of $39.10.

Woodward Inc. operates as a designer, manufacturer, and service provider of energy control and optimization solutions used in global infrastructure equipment serving the aerospace, power generation and distribution, and transportation markets. The Company has four operating business segments – Turbine Systems, Airframe Systems, Electrical Power Systems, and Engine Systems. The products offered by the Company include solution for the Aircraft Turbine Systems, Industrial Gas Turbine Control, Steam Turbine Control, Industrial Gas Engine Control, Industrial Diesel Engine Control, Power Conversion, Power Distribution, Power Generation. Its customer base comprises original equipment manufacturers and end users of their products. Woodward Inc., formerly known as Woodward Governor Company is headquartered in Fort Collins, Colorado.

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