Key Points Q2’24 EBITDA and EPS miss on worse-than-expected Chemical business results Below consensus Q3’24 and FY2024 guidance on slower than anticipated CAPV segment recovery We rate Olin shares Overweight, with a 12-month...
Key Points We’re updating our forecast for LMT post yesterday’s solid 2Q earnings report and we’re maintaining our Neutral rating. We are also raising our forecast and target price as Missiles...
Key Points We’re updating our forecast for TXT post last week’s solid 2Q earnings report and we’re maintaining our Neutral rating. We are also modestly raising our forecast and target price...
Key Points Fears around Ironton pellet production momentum slowing unfounded, in our view Recent plant improvements and CP2 system commissioning point to a pickup in pellet production momentum going forward We rate PCT...
Key Points We’re lowering our earnings forecast for HXL post yesterday’s release of the firm’s 2Q earnings report. Our target price remains USD81 as there is de minimus change to our...
Key Points We’re modestly lowering our earnings forecast for BA post yesterday’s release of 2Q orders and deliveries data. Our target price remains USD230 and we maintain our Overweight rating on...
Key Points We’re lowering our forecast and target price for BA following management commentary during the quarter that indicated 2Q Commercial deliveries for the 737MAX and 787 should be flat with...
Key Points We’re lowering our forecast and target price for BA following management commentary during the quarter that indicated 2Q Commercial deliveries for the 737MAX and 787 should be flat with...