Boeing called a buy after Q3 delivery numbers: 5 big analyst picks
Investing.com -- Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: a Buy initiation at Boeing, and upgrades at Shoals Technologies, CAVA Group,On Tuesday, the company announced deliveries for Q3 that revealed a September drop in its best-selling 737 MAX deliveries due to ongoing efforts to correct a manufacturing defect, with that figure hitting its lowest level since August 2021.
to Overweight from Equalweight with a price target of $41.00 . As a result, shares gained more than 4% pre-market today. shares jumped more than 6% pre-market today after JPMorgan upgraded the company to Overweight from Neutral and raised its price target to $6.50 from $6.00.
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Boeing deliveries of new jets dip as the company and a key supplier struggle with production flawsBoeing deliveries of new planes is slumping as the company deals with a series of production problems. Boeing said Tuesday that it delivered 27 planes in September, including 15 of its best-seller, the 737 Max. By comparison, European rival Airbus delivered 55 planes last month. Aircraft manufacturers get the largest share of the purchase price when they deliver planes, so Boeing's dip in deliveries is hurting cash flow. Still, Boeing continues to land sales orders, reporting 214 net new orders
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Boeing, Coca-Cola share gains lead Dow's 180-point jumpSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
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Boeing 737 MAX monthly deliveries fall to lowest since 2021Boeing (BA.N) deliveries of its best-selling 737 MAX fell in September to the lowest level since August 2021, the plane maker said on Tuesday, as it continues struggling with work needed to correct a manufacturing defect.
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Boeing 737 MAX Deliveries Lowest Since 2021Boeing deliveries of its best-selling 737 MAX fell in September to the lowest level since August 2021, the plane maker said Tuesday, as it continues struggling with work needed to correct a manufacturing defect.
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Dow up 270 points on gains for shares of Boeing, Coca-ColaSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
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