Boeing Reports Second-Quarter Results
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Boeing (BA) PT Lowered to $150 at Vertical Research Partners
July 29, 2020 1:34 PM EDTVertical Research Partners analyst Robert Stallard lowered the price target on Boeing (NYSE: BA) to $150.00 (from $153.00) while maintaining a Hold rating following results. The analyst said they are "Still not comfortable with Max."
The analyst commented, "We have cut our 2020 core EPS... More
Boeing (BA) Well Positioned Despite 'Messy' Q2 - Cowen
July 29, 2020 11:37 AM EDTCowen analyst Cai von Rumohr reiterated a Market Perform rating and $150.00 price target on Boeing (NYSE: BA) citing a messy Q2, production rates being reset, impressive 787 amortization, destocking with sustainable supply base, and customer acceptance of MAX.
The analyst stated "Investors... More
Boeing (BA) Hits Low, Down 4.2%
July 29, 2020 11:10 AM EDTBoeing (NYSE: BA) Hits Low, Down 4.2%
Boeing (BA) Misses Q2 EPS by $2.25
July 29, 2020 7:31 AM EDTBoeing (NYSE: BA) reported Q2 EPS of ($4.79), $2.25 worse than the analyst estimate of ($2.54). Revenue for the quarter came in at $11.8 billion versus the consensus estimate of $13.16 billion.
The 737 program resumed early stages of production in May and expects to continue to produce at low rates... More
