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Fly News Breaks for April 28, 2016
BA
Apr 28, 2016 | 08:41 EDT
After Boeing reported lower than expected Q1 core EPS but higher than expected revenue, Sterne Agee CRT says that the stock is poised to rise to last year's levels in the near-term. The firm says that the company executed well in Q1, and reached several notable milestones related to plane production and order guidance. The firm keeps a $196 price target and Buy rating on the shares.
News For BA From the Last 2 Days
BA
Apr 19, 2024 | 14:09 EDT
What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of April 15-19. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here
BA
Apr 17, 2024 | 16:32 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
BA
Apr 17, 2024 | 11:59 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
BA
Apr 17, 2024 | 10:36 EDT
Says without approximately $200M impact Boeing (BA) 737 MAX 9 from grounding, United (UAL) would have reported a quarterly profit.
BA
Apr 17, 2024 | 08:51 EDT
Northcoast downgraded Boeing to Sell from Neutral with a $140 price target. The stock in premarket trading is down 1% to $168.80. The analyst expects Boeing's quarterly earnings report in two weeks to prompt concerns about the company's underlying fundamentals and ultimately shift investor focus to liquidity and acquisition concerns. Negative expectations are embedded in the lower share price, but investors may not be discounting structural issues, such as Boeing's balance sheet stability or future cash liabilities, the analyst tells investors in a research note. Northcoast believes the 787 production challenges and the Federal Aviation Administration investigation uncertainties do not appear to be reflected in consensus estimates. The firm's channel checks confirm unexpected changes were already made to the Dreamliner production schedule "that would normally indicate some type of problem not yet been communicated to The Street." Its survey results point to a 787 program build rate of two jets per month, as opposed to Boeing's claim of five.
BA
Apr 17, 2024 | 08:30 EDT
Northcoast analyst Chris Olin downgraded Boeing to Sell from Neutral with a $140 price target.