Boeing May Need To Offer Additional Concessions To End Strike Despite Multi-Billion Dollar Debt: BofA Analyst
BABoeing(BA) Benzinga·2024-09-14 02:22

BofA Securities analyst Ronald J. Epstein reiterated a Neutral rating on Boeing Company BA, with a price forecast of $200.The analyst views Boeing as particularly vulnerable, noting that the company has delayed its 737 production rate increase from 42 per month, originally set for September 2024, to March 2025.A prolonged strike could further worsen the company’s current difficulties, Epstein added.However, if the Spirit AeroSystems strike and subsequent contract negotiations set a precedent, the strike cou ...