Analyst Jason Gursky reiterated his Buy rating on the shares. His price target is $210 a share, up more than 30% from Wednesday's close.
On a Saturday morning in May, 2020, Italian police officers caught two men pouring chemical waste into the sewers in the southern port city of Brindisi, near a small plane components factory.
AerCap CEO Aengus Kelly discusses the impact of tariffs on Boeing's production and delivery timeline.
AerCap CEO Aengus Kelly said a worst-case tariff scenario could move Boeing prices up by $40 million. Kelly also said his company has seen a "marked improvement" in Boeing products over the past couple of years.
The apparent uptick in air traffic accidents and incidents in 2024, spearheaded by aeroplanes made by Boeing (NYSE: BA), has done much to reduce the industry's reputation.
CNBC's Phil LeBeau and AerCap CEO Aengus Kelly join 'Squawk Box' to discuss the state of global airline travel demand, impact of tariffs, Boeing's production and delivery timeline, and more.
Global ratings agency Fitch said on Tuesday that Boeing Co made early progress in resuming production post-strike, reducing legacy inventory, and managing supply chains.
CNBC's Phil LeBeau reports on news from Boeing.
Boeing said on Tuesday it delivered 44 aircraft in February, up from 27 in the same month a year ago, as it works to stabilize and then increase production of its 737 MAX and 787 models.
Boeing's turnaround under Kelly Ortberg emphasizes sustainable growth and manufacturing quality over financial performance, but faces risks from recession and trade wars. Key risks include potential KPI bias, cost inflation from tariffs, and possible shifts in customer preference to Airbus. Despite current challenges, Boeing's stock has potential upside with a 2027 price target of $201.83, implying a 36% increase.
U.S. Transportation Secretary Sean Duffy plans to visit a Boeing factory on Thursday in Washington State to ensure the U.S. planemaker is maintaining the highest level of safety.
As Trump tariffs ramp up, Dow Jones aerospace giant may be a big loser, Boeing stock has tumbled while European archrival Airbus has soared. The post Trump Tariffs: Boeing Stock Dives While Archrival Airbus Soars appeared first on Investor's Business Daily.