BUZZ-Street View: Boeing's recovery story shifts from turbulence to trajectory

Reuters
Jan 28
BUZZ-Street View: Boeing's recovery story shifts from turbulence to trajectory

** Boeing posted a profit in Q4 on Tuesday, lifted by the sale of a digital aviation services business and higher aircraft deliveries

** Median PT of 29 brokerages covering the stock is $270 - data compiled by LSEG

MARATHON, NOT A MAIDEN FLIGHT

** J.P.Morgan ("overweight", PT: $270) said Boeing has "plenty of potential to unlock, though not overnight," as higher jet production and a large backlog support a multi-year recovery in free cash flow

** Morgan Stanley ("equal weight", PT: $245) said Boeing's outlook points to weaker near-term free cash flow from lingering one-off pressures, even as long-term cash targets remain on track

** Citigroup ("buy", PT: $290) said investor focus is shifting from Boeing's $10 billion free cash flow target for 2028 to a potential $15 billion to $20 billion by 2030, as temporary cash headwinds fade

** UBS Global Research ("buy", PT: $285) said greater transparency and steady execution on higher aircraft build rates are boosting confidence in Boeing's free cash flow recovery, shifting investor focus toward normalized cash generation

(Reporting by Rashika Singh in Bengaluru)

((rashika.singh@thomsonreuters.com))

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