Industrials

Boeing February Booked Gross Orders Include 4 787-9s For Royal Brunei Airlines, 10 737 MAXs And 1 777 Freighter; Delivered 17 737 MAXs, One P-8, 7 787-9 Dreamliners, 2 767s In February; Delivered 27 Jetliners In February

/ / Industrials /

Boeing February Booked Gross Orders Include 4 787-9s For Royal Brunei Airlines, 10 737 MAXs And 1 777 Freighter; Delivered 17 737 MAXs, One P-8, 7 787-9 Dreamliners, 2 767s In February; Delivered 27 Jetliners In February.

Boeing February Booked Gross Orders Include 4 787-9s For Royal Brunei Airlines, 10 737 MAXs And 1 777 Freighter; Delivered 17 737 MAXs, One P-8, 7 787-9 Dreamliners, 2 767s In February; Delivered 27 Jetliners In February Read Post »

CFRA Keeps Sell Opinion On Shares Of The Boeing Company

/ / Industrials /

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our 12-month target of $172, cut $22, reflects a 24x multiple on our 2025 EPS estimate, below BA’s recent historical forward average, on rising regulatory and operational risk. We cut our 2024 EPS estimate by $0.17 to $3.17 and 2025’s by $0.59 to $7.17. Southwest Airlines (LUV 29 ***) said today that it sees 42% fewer deliveries of 737 MAX aircraft from BA in 2024 than originally expected, and, as a result, would be cutting its capacity in 2024. We view this development as an illustration of the difficulty in scaling production and tightening quality control measures at the same time amid heightened regulatory scrutiny. We note that the Department of Justice has also convened a grand jury over the incident on Alaska Air flight 1282. We

CFRA Keeps Sell Opinion On Shares Of The Boeing Company Read Post »

CFRA Maintains Buy Recommendation On Shares Of Accenture Plc

/ / Industrials /

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We lift our price target by $40 to $414, 30x our FY 25 (Aug.) EPS view, a premium to IT consulting peers and ACN’s three-year average (~26.5x) given its consistent track record, large net cash position ($7.0B exiting Nov-Q), and industry tailwinds associated with AI. We maintain our FY 24 EPS view at $12.34, raise our FY 25 view by $0.20 to $13.81, and initiate our FY 26 estimate at $15.20. Industry commentary has been mixed regarding the current environment, but we think ACN is well positioned for either 1) a continued customer focus on cost-reduction initiatives, benefiting Managed Services, or 2) a resumption of large-scale transformation projects given its strong reputation and leadership position in generative AI (GenAI). We see ACN as a clear frontrunner in

CFRA Maintains Buy Recommendation On Shares Of Accenture Plc Read Post »

GE Gets New Bull After Outperforming Market Year-To-Date

/ / Industrials /

JPMorgan says General Electric has proven itself as the premier large-cap name in commercial aerospace in terms of where it stands in the business cycle, its balance sheet and management team. The analysts raise GE’s rating to overweight from neutral noting that the stock has already outperformed the broader market by 22% year-to-date. “Valuation is an obstacle for the stock but it is the only obstacle for us right now and instead of trying to time the market, we are overweight on the stock,” the analysts say.

GE Gets New Bull After Outperforming Market Year-To-Date Read Post »

Scroll to Top