Boeing Reports Second-Quarter Results

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Go back to Boeing Reports Second-Quarter Results

Boeing (BA) PT Lowered to $150 at Vertical Research Partners

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

Boeing (BA) Well Positioned Despite 'Messy' Q2 - Cowen

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

Boeing (BA) Hits Low, Down 4.2%

July 29, 2020 11:10 AM EDT

Boeing (NYSE: BA) Hits Low, Down 4.2%

... More

Boeing (BA) Misses Q2 EPS by $2.25

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