Boeing to withdraw MAX 7 exemption request as safety scrutiny intensifies

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Go back to Boeing to withdraw MAX 7 exemption request as safety scrutiny intensifies

Boeing (BA) target cut as Bernstein says company may have to pay $1bn or more in compensation

January 29, 2024 10:50 AM EST

Bernstein analysts lowered the Boeing (NYSE: BA) price target to $245 from $272 in a note Monday, maintaining an Outperform rating on the stock. The firm said they believe Boeing may have to pay $1 billion or more in compensation, stemming from the impact of grounded MAX-9s and certification delays to the delivery of the new... More