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Has The 737 Max Put Boeing's Dividend At Risk?
Tuesday, October 22, 2019 - 1:40pm | 477Read More...Boeing Co (NYSE: BA) shares are down 11% in the past six months as the problems that grounded the 737 Max have proven more difficult to solve than many investors anticipated. Fortunately for Boeing bulls, one analyst said at least patient investors will likely continue to get paid to wait. The...
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Analyst: Boeing 737 MAX Still On Path To Take Flight Again In 6-9 Months
Thursday, June 27, 2019 - 3:07pm | 495Read More...News of a new software problem on Boeing Co (NYSE: BA)’s already-grounded 737 MAX jet is unlikely to change an estimated six-to-nine-month time frame for the airplane’s return to service, according to Bank of America Merrill Lynch. What Happened Chicago-based Boeing said in...
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Why Boeing Could Be A Big Loser In US-China Trade War
Monday, May 13, 2019 - 10:55am | 554Read More...U.S. stocks took a beating Monday following reports that China will be raising tariffs on $60 billion of U.S. goods from 10 percent to 25 percent. Some stocks were hit harder than others, and Boeing Co (NYSE: BA) was particularly weak. Boeing shares traded lower by more than 3 percent as traders...
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Boeing Is Feeling The Pressure
Monday, April 8, 2019 - 12:20pm | 530Read More...Boeing Co (NYSE: BA) announced it will lower production of its 737 Max 8 planes from 52 units per month to 42 per month. BofA No Longer A Bull Bank of America's Ronald Epstein downgraded Boeing's stock from Neutral to Buy with a price target lowered from $480 to $420. The analyst says...
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Boeing Investors Pull Back As More Countries Ground 737 Max
Tuesday, March 12, 2019 - 1:30pm | 846Read More...Pressure increased Tuesday on aircraft maker Boeing Co. (NYSE: BA) and the airlines that fly its planes as several regulatory agencies around the globe grounded its 737 Max 8 in the wake of an Ethiopian Airlines crash that killed 157 people. Investors in the world’s largest plane...
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What You Need To Know About United Technologies' Business Split
Tuesday, November 27, 2018 - 2:48pm | 569Read More...Multinational conglomerate United Technologies Corporation (NYSE: UTX) said Monday it will split itself into three businesses in conjunction with the completed acquisition of Rockwell Collins. Those businesses are: United Technologies, which will supply components to the aerospace and defense...
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BofA Moves To Sidelines On BWX Technologies, Says Growth Is Already Priced In
Thursday, May 24, 2018 - 9:40am | 407Read More...Shares of BWX Technologies Inc (NYSE: BWXT), a leading supplier of nuclear components and fuel to the U.S. government, are valued to the company's potential, according to Bank of America Merrill Lynch. The Analyst Analyst Ronald Epstein downgraded BWX from Buy to Neutral and maintained a $...
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What Analysts Expect From The United Technologies-Rockwell Collins Merger
Tuesday, September 5, 2017 - 1:25pm | 383Read More...United Technologies Corporation (NYSE: UTX) officially announced its long-rumored $30 billion buyout of Rockwell Collins, Inc. (NYSE: COL). United will pay $93.33 in cash and $46.67 in United stock, a combined takeout price of $140 per share. United announced that Rockwell Collins will be merged...
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Bank of America Highlights Key Risks For Investors Looking At General Dynamics
Tuesday, February 10, 2015 - 10:57am | 173Read More...Bank of America on Monday issued a company update on General Dynamics Corporation (NYSE: GD) after news that the Board of Directors authorized a share repurchase of up to 10 million shares. General Dynamics is currently rated as a Buy with a one year price target of $165.00. Analysts Ronald Epstein...
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UPDATE: Bank of America Downgrades Boeing
Thursday, July 24, 2014 - 8:45am | 189Read More...In a note published early Thursday morning Bank of America analyst, Ronald Epstein downgraded shares of The Boeing Company (NYSE: BA) from Buy to Neutral and lowered his price objective from $154 to $140. In the near to medium-term Epstein believes the stock may be "range bound" with limited upside...
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UPDATE: Bank Of America Upgrades L-3 Communications
Thursday, May 15, 2014 - 9:18am | 181Read More...In a note released Thursday, Bank of America analyst Ronald Epstein upgraded L-3 Communications (NYSE: LLL) from Underperform to Buy and raised the price objective from $117 to $146. Epstein wrote, "The most significant driver for the double upgrade is the change in our valuation methodology for...
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Bank of America Expects Rockwell Collins to Underperform Peers, Lowers Estimates and PT
Monday, April 21, 2014 - 10:33am | 139Read More...In a report published Monday, Bank of America Merrill Lynch analyst Ronald Epstein maintained an Underperform rating on Rockwell Collins (NYSE: COL) and lowered the price target from $81.00 to $80.00. Bank of America views Rockwell Collins as the Best-in-Breed electronics supplier and noted the...
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UPDATE: L-3 Communications Downgraded at Bank of America
Tuesday, January 7, 2014 - 1:16pm | 77Read More...A report published Tuesday morning by Bank of America has downgraded L-3 Communications Holdings (NYSE: LLL) from Neutral to Underperform, according to analyst Ronald Epstein. Price target remains at $106. Epstein noted, "In our view, LLL remains vulnerable to cuts as more than half of its...
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UPDATE: Huntington Ingalls Upgraded at Bank of America
Tuesday, January 7, 2014 - 1:15pm | 83Read More...In a report published Tuesday, Huntington Ingalls (NYSE: HII) was upgraded from an Underperform to a Buy rating by Bank of America analyst Ronald Epstein. The price target has also shifted from $64 to $102. Bank of America highlighted, "We derive our PO using 14x one-year forward P/E multiple on...
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UPDATE: Westco Aircraft Upgraded at Bank of America, Up 3.8%
Tuesday, January 7, 2014 - 1:12pm | 75Read More...In a report released Tuesday, Bank of America analyst Ronald Epstein upgraded Wesco Aircraft Holdings (NYSE: WAIR) from a Neutral to a Buy rating. The price target has also boosted from $22 to $26. Bank of America highlighted, "Wesco Aircraft Holdings is a beneficiary of our more constructive...
