Boeing slips after warning of potential delays due to new 737 MAX issues
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Morgan Stanley on Boeing (BA): 'It is still too early, in our view, to know if Boeing is out of the woods'
February 6, 2024 4:28 PM ESTMorgan Stanley analyst Kristine Liwag reiterated an Equalweight rating and $235.00 price target on Boeing (NYSE: BA)
The analyst comments "Today, the National Transportation Safety Board released its preliminary report on Alaska Airlines flight 1282 (link). The report represents the most comprehensive detailing of the... More
Spirit AeroSystems (SPR) guidance delayed, company waits for clarity on 737 MAX production rate
February 6, 2024 11:04 AM ESTSpirit AeroSystems (NYSE: SPR) reported its latest quarterly earnings on Tuesday, sending its shares more than 2% higher, but the company did not provide guidance due to uncertainty on the timing of 737 MAX production rate increases.
The company reported fourth-quarter earnings of $0.48, $0.88 better than the analyst estimate of a loss of ($0.40). Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.74 billion.
However,... More
Argus sees a turnaround opportunity in Boeing (BA) shares
February 5, 2024 9:18 AM ESTThere is a turnaround opportunity brewing for Boeing (NYSE: BA) shares, according to a note from investment research firm Argus on Monday.
While they noted that BA shares have fallen almost 20% over the past few weeks due to new problems with its 737... More
