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Fly News Breaks for February 24, 2020
BA, ITT
Feb 24, 2020 | 07:47 EDT
DA Davidson analyst Matt Summerville raised his price target on ITT (ITT) to $85 and kept his Buy rating after its Q4 earnings beat as well as to reflect the company's "plentiful margin enhancement opportunities, solid share gains in automotive friction, and cash-rich balance sheet". The analyst also lowers his FY20 EPS view by 10c to $3.90 however due to the expected impact of coronavirus as well as Boeing's (BA) production stoppage of its 737Max aircraft in the first half of FY20.
News For ITT;BA From the Last 2 Days
BA
Dec 2, 2021 | 16:30 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly. 1... To see the rest of the story go to thefly.com. See Story Here
BA
Dec 2, 2021 | 12:06 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly. 1... To see the rest of the story go to thefly.com. See Story Here
BA
Dec 2, 2021 | 06:27 EST
The new owners of Jet Airways India are reportedly in talks with Boeing (BA) and Airbus (EASDY) to purchase at least 100 narrowbody jets in an attempt to revive the airline, Anurag Kotoky of Bloomberg reports. The new owners intend to start flights in the first three months of next year, a representative for the consortium, Ankit Jalan, told Bloomberg in an interview. The company is debating on purchasing or leasing the planes, Jalan said. Airbus is looking to possibly deliver its A320neo jets while Boeing may potentially relook at an old 225-plan order for its 737 Max aircraft, Jalan added in the interview. A decision is expected to be made early next month. Reference Link