Bernstein analysts at Société Générale raised their price target on GE Aerospace (NYSE:GE) shares to $232.00, up from the previous $209.00, while keeping an Outperform rating on the stock. The adjustment follows GE Aerospace's robust performance in 2024 and the company's strong fourth-quarter results reported last week,
Boeing’s recent troubles —including a strike by 33,000 machinists last fall—have drawn intense scrutiny to the aerospace industry’s treatment of its unionized workforce. Now, as GE ...
In a report released yesterday, Jason Sum from DBS maintained a Buy rating on Boeing (BA – Research Report), with a price target of $240.00.
Leaders at Boeing Co. have been struggling to turn the company around after years of bad headlines. Now, some investors are hoping they’ll look to a new tactic: selling some of its businesses, which could shore up the company’s balance sheet and lift the stock from its doldrums.
GE Aerospace delivered 46% order growth in Q4 FY24. See why we recommend a 'Strong Buy' rating for GE stock with a $250 fair value.
Boeing ( BA 1.50%) will release its fourth-quarter 2024 earnings on Jan. 28. Naturally, investors will eagerly await the company's outlook from CEO Kelly Ortberg (appointed in August). There's plenty of potential for improvement at Boeing.
Boeing Co.’s potential sale of its Jeppesen navigation unit is attracting major aviation suppliers and private equity suitors ahead of the deadline for first-round bids next week, according to people familiar with the matter.
Canadian helicopter parts supplier Optima Aero is already moving inventory south of the border to minimize the risk from potential tariffs proposed by U.S. President Donald Trump. Optima, headquartered in Quebec,
The company's shares rose 6.5% in trading before the bell after GE Aerospace also announced plans to increase its share buybacks to $7 billion in 2025 and its dividend by 30%. Production delays at Boeing and Airbus have resulted in longer wait times for new jets.
FORT WORTH, TX, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Today, GE Aerospace union workers converged on the 2025 Aero-Engines and Engine Leasing, Trading & Finance (ELTF) Americas Conference with banners ...
The stock's rise snapped a three-day losing streak.
Despite uncertainty over the future of its sixth-generation fighter development programme, the US Air Force is committing fresh funding toward a separate effort to develop a propulsion solution for "future air dominance platforms".