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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 believe feedstock costs lagged product prices in Q3'24; we anticipate a mixed Q3’24 earnings season We are meaningfully above Q3’24 and 2024 consensus for 1COV.DE, BRKM5, CC, CE, HUN,...
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 Forecasting relatively flat q-o-q margins in Q3’24 for the MENA group; we anticipate mostly inline to below consensus EPS in the quarter Overall, we believe consensus may be demanding for...
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...