Barclays upgrades Boeing to 'overweight' on cash flow outlook
) to"overweight" for the first time since 2019, raising its price target to $210 from $190 banking on a brighter outlook for free cash flow and operational improvements.
Analyst expect a normal capital structure over the next couple of years, even with cash burn in 2025, adding that recent guidance on free cash flow appeared conservative and closer to breakeven could be achievable. The brokerage noted that while near-term headwinds persist, cultural shifts under new leadership and improved workforce training post-IAM strike position the company for long-term growth.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Barclays Analyst Sees Bright Future for BoeingAnalyst David Strauss upgrades Boeing to overweight, citing positive production and delivery momentum, improved financials, and new leadership.
Read more »
Boeing 737 Max Incident Sparks Safety ConcernsA recent incident involving a Boeing 737 Max 9 aircraft has reignited concerns about the safety and quality standards of Boeing airplanes. While Boeing maintains the planes are safe, some travelers remain apprehensive. The FAA has previously grounded other Boeing models due to safety issues, prompting Boeing to implement various improvements to enhance safety and quality. Despite the incident, many travelers continue to fly with Boeing.
Read more »
Boeing 737 Max Passenger Recalls Terrifying Door IssueA recent incident involving a door plug issue on a Boeing 737 Max aircraft sparked fear among passengers and renewed scrutiny on Boeing's safety standards. Despite the incident, Boeing maintains its planes are safe, while some travelers express continued apprehension. The FAA has previously grounded Boeing aircraft due to safety concerns, leading to improvements by Boeing, including enhanced safety culture, workforce training, and increased inspections. Travelers offer mixed opinions on Boeing's response and the overall safety of flying its aircraft.
Read more »
Boeing 737 Max 9 Incident Sparks Safety ConcernsA recent incident involving a Boeing 737 Max 9 aircraft, prompting passenger unease and renewed scrutiny of Boeing's safety standards. While Boeing maintains the safety of its planes, some travelers express lingering anxieties. The FAA has previously grounded various Boeing aircraft models due to safety concerns, leading to Boeing implementing improvements in safety culture, training, and manufacturing processes. Despite the incident, confidence in Boeing's safety measures persists among some travelers.
Read more »
Jeju Air Boeing 737 Crash: South Korea Orders Inspection of All Boeing 737-800sAll but two of the 181 passengers on board a Jeju Air Boeing 737-800 died Sunday after the aircraft crashed at Muan International Airport in South Korea. Boeing shares dropped following the incident. The South Korean transportation ministry will investigate the crash and conduct a full inspection of all Boeing 737-800 aircraft in the country.
Read more »
Boeing 737 Max 9 Door Issue Sparks Safety ConcernsA recent incident involving a Boeing 737 Max 9 aircraft experiencing a door plug issue has raised questions about safety and quality standards at Boeing. While Boeing maintains the safety of its planes, some travelers remain apprehensive. The Federal Aviation Administration (FAA) has grounded various Boeing models in the past due to similar concerns. Boeing has responded with improvements aimed at enhancing safety and quality culture.
Read more »