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Fly News Breaks for July 17, 2015
BA
Jul 17, 2015 | 09:45 EDT
Wells Fargo points out that even with the $536M in charges, Boeing is keeping cash flow guidance unchanged, meaning it will generate over $500M in additional cash from elsewhere in the company. Wells thinks this should be viewed positively within the context of the charge, and expects shares to see less downside pressure. It has an Outperform rating on Boeing.
News For BA From the Last 2 Days
BA
Apr 22, 2024 | 05:50 EDT
Barclays analyst David Strauss lowered the firm's price target on Boeing to $190 from $235 and keeps an Equal Weight rating on the shares. The company reported 13 total deliveries in Q1, four storage and nine off line, the analyst tells investors in a research note.