TD Cowen Reiterates Buy Rating on Boeing (BA)
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Jefferies on Boeing (BA) Losses From Abandoned Astronauts: 'the losses contribute to our BDS FCF outflow of $2BB and $1.4BB '24/'25"
August 26, 2024 12:26 PM EDTJefferies analyst Shelia Kahyaoglu reiterated a Buy rating and $270.00 price target on Boeing (NYSE: BA)
The analyst comments "NASA Decides On Empty Return for Starliner. NASA has decided that Astronauts Butch Wilmore and Suni Williams will return to earth on a SpaceX Dragon Capsule in February. This follows a June 6th mission on a Boeing Starliner spacecraft that was intended to last eight days. The Starliner will return to earth empty in the coming weeks given identified helium leaks and issues with the spacecraft's reaction control thrusters during the initial mission. NASA... More
Analysts weigh in on implications of NASA's Starliner decision for Boeing
August 26, 2024 6:20 AM EDTNASA's recent decision to bring Boeing's (NYSE: BA) Starliner spacecraft back to Earth without its astronaut crew has raised concerns about the company's space program.
The two astronauts, who will now return aboard SpaceX's Dragon capsule, were originally scheduled to return on the Starliner.
Analysts believe this decision could have significant implications for... More
BofA on NASA, Boeing (BA), and SpaceX Following Astronauts Abandonment: 'Using SpaceX is “easiest” and possibly safest'
August 26, 2024 5:30 AM EDTBofA Securities analyst Ronald Epstein reiterated a Neutral rating and $200.00 price target on Boeing (NYSE: BA).
The analyst comments "On August 24, 2024, NASA officially announced the two astronauts currently on the International Space Station will return in 2025 on a SpaceX capsule. Boeings Starliner,... More
