Airbus slumps after planemaker cuts delivery outlook and books steep Space charge
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CFRA Reiterates Sell Rating on Boeing (BA), 'a buyout of most of SPR will resolve BA's quality control problems'
June 25, 2024 4:31 PM EDTCFRA analyst Stewart Glickman reiterated a Sell rating and $147.00 price target on Boeing (NYSE: BA)
The analyst comments "We keep our 12-month target at $147 on relative P/E analysis. The WSJ is reporting that BA is in talks to buy about two-thirds of key supplier Spirit Aerosystems... More
Airbus (AIR:FP) (EADSY) PT Lowered to EUR155 at Jefferies, 'Yet another reset, just not enough to derail the mid-term appeal'
June 25, 2024 3:31 PM EDTJefferies analyst Chloe Lemarie lowered the price target on Airbus (AIR:FP) (OTC: EADSY) to EUR155.00 (from EUR190.00) while maintaining a Buy rating.
The analyst comments "Airbus's surprise guide cut announced yesterday led to a significant drop in share price.... More
BofA: Boeing 737’s deliveries could be close to 1Q levels, but 787’s lag behind
June 25, 2024 7:52 AM EDTBank of America analysts see positive signs for Boeing (NYSE: BA) 737 deliveries, forecasting figures close to 1st quarter levels.
"AAP/AIR maintains its forecast of 25-28 737 deliveries for June (compared to 19 in May)," says BofA, citing data from Aero Analysis Partners/AIR (AAP/AIR).
If... More
UBS Reiterates Buy Rating on Boeing (BA)
June 25, 2024 6:18 AM EDTUBS analyst Gavin Parsons reiterated a Buy rating and $240.00 price target on Boeing (NYSE: BA).
The analyst comments "Media reports indicate a potential equity-funded deal at $35/sh. WSJ and Bloomberg have reported Boeing is nearing a mostly equity-funded deal for supplier Spirit Aerosystems, with Bloomberg reporting a deal that values SPR at $35/sh. SPR is expected to exit its Airbus operations, with BA taking over BA work. We believe a BA/SPR combination is a... More
