Boeing Reports Second-Quarter Results
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July 29, 2020 1:34 PM EDT
Vertical Research Partners analyst Robert Stallard lowered the price target on Boeing (NYSE: BA) to $150.00 (from $153.00) while maintaining a Hold rating following results. The analyst said they are "Still not comfortable with Max."
The analyst commented, "We have cut our 2020 core EPS... More
July 29, 2020 11:37 AM EDT
Cowen analyst Cai von Rumohr reiterated a Market Perform rating and $150.00 price target on Boeing (NYSE: BA) citing a messy Q2, production rates being reset, impressive 787 amortization, destocking with sustainable supply base, and customer acceptance of MAX.
The analyst stated "Investors... More
July 29, 2020 11:10 AM EDT
Boeing (NYSE: BA) Hits Low, Down 4.2%
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July 29, 2020 7:31 AM EDT
Boeing (NYSE: BA) reported Q2 EPS of ($4.79), $2.25 worse than the analyst estimate of ($2.54). Revenue for the quarter came in at $11.8 billion versus the consensus estimate of $13.16 billion.
The 737 program resumed early stages of production in May and expects to continue to produce at low rates... More
