Boeing starts furloughs for thousands as strike continues
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BofA Securities on Boeing (BA): '737 production at standstill amid IAM strike'
September 24, 2024 9:37 AM EDTBofA Securities analyst Ronald Epstein reiterated a Neutral rating and $200.00 price target on Boeing (NYSE: BA)
The analyst comments "According to data from Aero Analysis Partners/AIR (AAP/AIR), Boeing 737s production may have come to a complete halt following the IAM union strike. While the full impact on deliveries remains uncertain, the pace has slowed significantly recently, with only two 737s delivered in the... More
Wolfe Research Reiterates Outperform Rating on Boeing (BA)
September 24, 2024 6:00 AM EDTWolfe Research analyst Myles Walton reiterated an Outperform rating and $210.00 price target on Boeing (NYSE: BA).
The analyst comments "This afternoon, Boeing submitted an updated contract offer to their machinists union (link here). The main changes from the prior offer revolve around wages, bonuses and retirement and the offer is contingent on ratification by... More
Goldman Sachs Reiterates Buy Rating on Boeing (BA)
September 24, 2024 5:25 AM EDTGoldman Sachs analyst Noah Poponak reiterated a Buy rating and $202.00 price target on Boeing (NYSE: BA)
The analyst comments "IAM workers at Boeing are on strike, though we expect a resolution soon, and for Boeing to be able to pick back up its aircraft... More
