Boeing Company (NYSE:BA) has seen its
stock fluctuate widely, with many headlines indicating both positive and negative events. Notably, multiple investment firms like
Meadowbrook Investment Advisors,
TCG Advisory Services, and
Federated Hermes Inc. have increased their stock holdings in the company, indicating their belief in its future. Brokerages have collectively given it a
'Moderate Buy' recommendation. Moreover, despite reports of a
FAA probe about safety inspections of the 787 and the death of a whistleblower connected to the company, the stock saw a surge following what seemed to be undervaluation at $170. Despite these positives,
Lower Defense Deliveries were suggested to negatively impact the company's Q3 earnings; indeed, these earnings missed estimates while revenues rose year over year. CEO Calhoun's pay package met with criticism, and two whistleblowers linked to the company died within weeks of each other. The company also had to deal with an FAA investigation into falsified 787 inspection records. Despite these troubles, the company has won orders for their 787 Jets from airlines like Thai Airways and procured deals to aid F/A-18 & EA-18G Aircraft.
Boeing Company BA News Analytics from Tue, 17 Oct 2023 07:00:00 GMT to Tue, 07 May 2024 21:41:03 GMT -
Rating -3
- Innovation -2
- Information 5
- Rumor -6
