J.P. Morgan analyst Seth Seifman maintains $Boeing (BA.US)$ with a buy rating, and maintains the target price at $235.
According to TipRanks data, the analyst has a success rate of 71.6% and a total average return of 13.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Boeing (BA.US)$'s main analysts recently are as follows:
The ongoing IAM strike disruptions pose a threat to the company's investment grade rating, however, the possibility of non-core divestitures along with equity are anticipated to mitigate this risk. Additionally, a strong recovery in deliveries and free cash flow is expected between 2025 and 2027.
The firm expresses caution regarding Boeing and General Dynamics as Q3 results approach. The firm has reduced Boeing's Q3 free cash flow forecast due to the impact of the strike and a decrease in inventory liquidation. Additionally, the expectation is now set for Boeing to reach a production rate of 38 per month on the 737 model not before the second half of 2025, following a slowdown directed at suppliers.
Note:
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