Fitch lowers Boeing 2024 aircraft delivery, cash flow forecasts

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Deutsche Bank Reiterates Buy Rating on Boeing (BA)

June 3, 2024 6:53 AM EDT

Deutsche Bank analyst Scott Deuschle reiterated a Buy rating and $225.00 price target on Boeing (NYSE: BA).

The analyst comments "According to Cirium and public flight tracking data, Boeing appears to have delivered 22 commercial aircraft in the month of May, including 19 737 MAX aircraft (+3 m/m), 1... More

Barclays Reiterates Equalweight Rating on Boeing (BA)

June 3, 2024 6:32 AM EDT

Barclays analyst David Strauss reiterated an Equalweight rating and $190.00 price target on Boeing (NYSE: BA).

The analyst comments "Based on the candidates that have been widely discussed, it is assumed that BAs next CEO will have prior A&D experience. We would highlight that two of the most successful CEOs in the space, Larry Culp at GE and John Plant at HWM, stepped off their respective Boards with no prior A&D experience, but
obviously with very successful operational and financial track records... More

Boeing (BA) PT Lowered to $215 at Bernstein SocGen Group

June 3, 2024 6:01 AM EDT

Bernstein SocGen Group analyst Douglas Harned lowered the price target on Boeing (NYSE: BA) to $215.00 (from $230.00) while maintaining a Outperform rating.

The analyst comments "Boeing lowered expectations for deliveries and free cash flow on May 23. After discussions with management last week during our Strategic Decisions Conference, we lower our Boeing FCF estimate in 2024 to -$3.6bn based on lower aircraft deliveries to China, 787 delivery delays due to... More