Popular stocks with increasing volume: AVGO PYPL BA CRWD SOFI INTC MU SIRI PLTR TSM PINS SBUX PFE

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Boeing (BA) PT Lowered to $207 at Bernstein SocGen Group

August 5, 2024 9:10 AM EDT

Bernstein SocGen Group analyst Douglas Harned lowered the price target on Boeing (NYSE: BA) to $207.00 (from $222.00) while maintaining a Outperform rating.

The analyst comments "Boeing reported Q2 earnings on July 31. We update our model and provide perspectives on results. Financials reported by Boeing were less important than the messages. It was announced that Kelly Ortberg would be CEO of Boeing,... More

Is there an equity raise in Boeing’s future?

August 1, 2024 4:00 PM EDT

Boeing's (NYSE: BA) recent second-quarter results have sparked discussions by analysts at Morgan Stanley about a potential equity raise as the company faces significant financial challenges.

For Q2 2024, Boeing reported total revenues of $16.9 billion, a 15% decline year-over-year, falling short of Bloomberg's estimate of $17.5 billion. The company also posted a larger-than-expected free cash flow (FCF) burn of $4.3 billion, aligning with... More

Challenges remain for Boeing despite new CEO announcement: Morgan Stanley

August 1, 2024 8:32 AM EDT

In a note to clients Thursday, Morgan Stanley analysts acknowledged the announcement of Boeing's (NYSE: BA) new CEO, Kelly Ortberg, but said that significant challenges and uncertainties persist for the company.

While the appointment provides some clarity on leadership, the analysts maintained an Equal-weight rating on Boeing.

"We remain Equal-weight as we continue to see a number of near-term challenges and uncertainties facing the company," wrote the... More

Boeing (BA) PT Raised to $220 at RBC Capital

August 1, 2024 6:32 AM EDT

RBC Capital analyst Ken Herbert raised the price target on Boeing (NYSE: BA) to $220.00 (from $210.00) while maintaining a Outperform rating.

The analyst comments "Boeing (BA) reported largely in-line 2Q24 results, with a FCF usage of ($4.3B) and total segment margins of (4.5%). The defense... More