New Boeing boss Kelly Ortberg brings engineering background, aerospace roots
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Challenges remain for Boeing despite new CEO announcement: Morgan Stanley
August 1, 2024 8:32 AM EDTIn a note to clients Thursday, Morgan Stanley analysts acknowledged the announcement of Boeing's (NYSE: BA) new CEO, Kelly Ortberg, but said that significant challenges and uncertainties persist for the company.
While the appointment provides some clarity on leadership, the analysts maintained an Equal-weight rating on Boeing.
"We remain Equal-weight as we continue to see a number of near-term challenges and uncertainties facing the company," wrote the... More
Boeing (BA) PT Raised to $220 at RBC Capital
August 1, 2024 6:32 AM EDTRBC Capital analyst Ken Herbert raised the price target on Boeing (NYSE: BA) to $220.00 (from $210.00) while maintaining a Outperform rating.
The analyst comments "Boeing (BA) reported largely in-line 2Q24 results, with a FCF usage of ($4.3B) and total segment margins of (4.5%). The defense... More
