Boeing (BA): Cowen Sees Hefty Cash Flow Recovery in 2022, Raises Price Target But Expects a 'Messy' Q4 Print
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Boeing (BA): Citi Remains Neutral and Cuts PT on Significant Uncertainties Over 2022 Deliveries and Cash Flow
January 20, 2022 8:06 AM ESTCiti analyst Charles J Armitage has revisited the firms valuation of Boeing (NYSE: BA) to ultimately reiterate a Neutral rating and lower the price target to $238.00 per share from the prior $240.00.
Armitage estimates that Boeing has 370-400 737Max planes in inventory waiting to be delivered over the next... More
'Buy Now': Boeing (BA) Stock Gains as Bernstein Names it Top Choice for 2022, Sees Several Near-Term Catalysts
January 18, 2022 10:12 AM ESTBernstein analyst Douglas Harned named Boeing (NYSE: BA) a top pick for 2022 as he sees double recovery ahead.
We describe bear arguments related to Boeing on China, management issues, the 737MAX position, and carbon. We had many of those concerns, as evident by our Underperform rating on Boeing in early 2021. We now see those offset by the MAX and 787 potential. The time to buy Boeing is now, because market... More
Bernstein Says Buy Boeing (BA) Now Ahead of Short-Term Catalysts
January 18, 2022 7:18 AM ESTBernstein analyst Douglas Harned reiterated an Outperform rating and $259 price target on Boeing (NYSE: BA) and called it their top choice for 2022. Harned is telling clients to buy the stock now ahead of short-term catalysts.
Harned believes we are finally headed to a... More
FAA Issues 5G Restrictions For Boeing 737 Max Jets - Bloomberg
January 14, 2022 2:10 PM ESTFAA Issues 5G Restrictions For Boeing 737 Max Jets - Bloomberg
... More