On Oct 25, major Wall Street analysts update their ratings for $Boeing (BA.US)$, with price targets ranging from $170 to $200.
Morgan Stanley analyst Kristine Liwag maintains with a hold rating, and adjusts the target price from $195 to $170.
BofA Securities analyst Ronald Epstein maintains with a hold rating, and maintains the target price at $170.
UBS analyst Gavin Parsons maintains with a buy rating, and adjusts the target price from $215 to $195.
SIG analyst Charles Minervino maintains with a buy rating, and adjusts the target price from $210 to $200.
Furthermore, according to the comprehensive report, the opinions of $Boeing (BA.US)$'s main analysts recently are as follows:
The critical next phase for Boeing involves finalizing the strike situation and escalating the production of the MAX series, which is vital for the immediate and future stability of the company and its supply chain. Once short-term obstacles are overcome, it's anticipated that the market will recognize the potent long-term profit prospects of the business, assuming that the demand for new airplanes continues to be vigorous.
The firm observes that Boeing's performance in the third quarter of 2024 was impacted as anticipated by a softer output from BCA, along with escalating losses at BDS due to the recovery being deferred amidst the IAM strike, where there was a 64% vote against the recent proposal, pushing a likely resolution into November.
The latest developments with Boeing indicate that the ongoing strike, due to the union's rejection of the most recent contract proposal, may exert additional pressure on fourth-quarter deliveries and cash flow. The third-quarter earnings discussion also brought to light potential further reductions in cash reserves, which may necessitate a more substantial capital influx.
Here are the latest investment ratings and price targets for $Boeing (BA.US)$ from 4 analysts:
Note:
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