Boeing (BA) Announces Lufthansa Group to Buy up to 100 737 MAX Jets
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Morgan Stanley names its Top Aerospace Pick for 2024
December 20, 2023 2:13 PM ESTMorgan Stanley describes the COVID-19 lockdowns as the worst exogenous shock in the history of aviation. However, as the Aerospace sector recovers in 2023, global air traffic is back to ~98% of pre-COVID-19 levels.
That being said, total aircraft deliveries from OEMs, such as Boeing (NYSE: BA) and Airbus, are only expected to be ~77% of 2018 levels.
Our view is that Aerospace is an Attractive sector in 2024, but we are more selective on stocks due to valuation, capital return potential, and execution risks. Our top Aerospace pick is OW-Howmet (HWM), Morgan Stanley analysts wrote in a... More
Boeing (BA) 737 program to generate $28bn in revenue in 2024 following Lufthansa order, says Jefferies
December 19, 2023 9:37 AM ESTOn Tuesday, it was announced that Deutsche Lufthansa (OTC: DLAKY) will buy up to 100 737 MAX jets, representing its first Boeing (NYSE: BA) single-aisle order in nearly 30 years.
Lufthansa ordered 40 737 MAX-8s (plus 60 options) and 40 A220-300s (plus 20 options). "It is a good strategic decision for... More
BofA remains bullish on Boeing (BA) as delivery targets remain in grasp
December 19, 2023 7:51 AM ESTBoeing (NYSE: BA) received a vote of confidence from BofA analysts on Tuesday, with the bank raising its price target for the stock to $275 from $250, maintaining a Buy rating.
Analysts at the investment bank explained that the bullish outlook stems from Boeing's progress towards achieving its full-year delivery targets for both the 737 and 787.
Citing AeroAnalysis data, BofA said that with just one more delivery needed, Boeing is within striking distance of hitting the lower... More
