Key Points Q3'24 EPS and EBITDA beat; slower than expected volume recovery Management's Q4’24 guidance slightly below consensus We rate Dow Inc. shares Neutral, with a 12-month target price of USD60 per...
Key Points We’re maintaining our Overweight rating on BA post yesterday’s 3Q24 earnings report, and despite the fact that BA’s IAM-751 union voted down the latest contract proposal last night (64%...
Key Points We’re maintaining our Overweight rating on shares of HXL post yesterday’s 3Q earnings release, and we’re maintaining our USD81 target price. We’re using a 13.5x terminal multiple with our...
Key Points We’re lowering our forecast and target price for BA following the firm’s 3Q preannouncement after the close on Friday. The firm announced USD3B-worth of BCA charges related to the 777-X...
Key Points We’re lowering our forecast and target price for BA following yesterday’s release of 3Q24 orders and deliveries data. While 3Q deliveries were respectable in light of the strike late...
Key Points OCI acquisition 11% dilutive to our 2025 EPS estimate but 9% accretive to our normal EPS and valuation See a boost to cash flow on a post-deal basis. Both debt...
Key Points Capital raise, positive operations update, and clear near-term goals bode well for share price outperformance, in our view ASTS, while not a direct comparable, could provide insights into future PCT...
Key Points We’re reiterating our Overweight rating on shares of AVAV after yesterday’s strong 1QFY25 earnings report after the close. We’re also increasing our target price by USD9 to USD225 as...