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'Buy Now': Boeing (BA) Stock Gains as Bernstein Names it Top Choice for 2022, Sees Several Near-Term Catalysts

Go back to 'Buy Now': Boeing (BA) Stock Gains as Bernstein Names it Top Choice for 2022, Sees Several Near-Term Catalysts

Boeing (BA): Citi Remains Neutral and Cuts PT on Significant Uncertainties Over 2022 Deliveries and Cash Flow

January 20, 2022 8:06 AM EST

Citi 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

Boeing (BA): Cowen Sees Hefty Cash Flow Recovery in 2022, Raises Price Target But Expects a 'Messy' Q4 Print

January 18, 2022 6:01 AM EST

Cowen analyst Can von Rumohr raised the price target on Boeing (NYSE: BA) to $265.00 per share from the prior $250.00 as he expects to see a much more positive year for the embattled giant.

In particular, von Rumohr sees hefty cash flow recovery this year, fueled by three key drivers: 1) 737/787 inventory burndown, 2) freighter sales upside, and (3) reduced supplier support.

Cowen forecasts 2022-24 FCF of ~$29 billion, near 2019-21's $30.5 billion... More