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Boeing's CEO Strikes Optimistic Tone At Analyst Conference
Thursday, September 14, 2017 - 11:19am | 330Boeing Co (NYSE: BA) CEO Dennis Muilenburg told surprised analysts the company was increasing production of its flagship 787 Dreamliner from 12 a month in 2019 to 14, prompting Jefferies analyst Howard A. Rubel to rate the airline a Buy with a price target of $275. Boeing was trading at $245.24 at...
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Boeing Gets The Go-Ahead To Sell To Iran; Jefferies Reiterates Buy
Thursday, September 22, 2016 - 3:44pm | 180Jefferies reiterated its Buy rating on Boeing Co (NYSE: BA) after it secured a license from the Office of Foreign Assets Control (OFAC) of the U.S. Treasury Deptement to negotiate a sale of jetliners to Iran. The license covers 80 new build jetliners, which were included in the submitted...
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Boeing Development Ahead Of Schedule
Friday, March 18, 2016 - 12:49pm | 221Jefferies recently issued a company note on Boeing Co. (NYSE: BA) after recent analysis showed several key initiatives that could drive growth in profitability. Analysts rate Boeing as a Buy with a $165 price target. Analysts Howard Rubel and Sheila Kahyaoglu wrote, "We continue to believe...
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Analysts Like Boeing Before Earnings Despite Unforeseen Costs
Wednesday, July 22, 2015 - 6:46am | 382Boeing Co (NYSE: BA) is scheduled to release its Q2 earnings before the market open on Wednesday, and investors will be watching the aircraft manufacturer closely. The Street is forecasting $23.51 billion in revenues and earnings per share of $2.06. Analysts around the Street were...
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Boeing Remains Jefferies 'Franchise Pick,' But Firm Tweaks Industry Forecasts
Tuesday, July 14, 2015 - 2:37pm | 750In a report published Tuesday, Jefferies analyst Howard Rubel discussed the aerospace sector and adjusted his delivery forecast for large civil jet transports while cutting business jet forecasts. According to Rubel, large civil jet deliveries are expected to expand at a 4.6 percent rate...
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Jefferies Raises Honeywell Price Target
Wednesday, December 31, 2014 - 9:30am | 140In a note out Wednesday morning, analyst Howard Rubel at Jefferies raised his price target on Honeywell International Inc. (NYSE: HON) from $105 to $115 while maintaining a Buy rating following the company's 2015 outlook call. The target increase is based on the following: "The EPS...
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Boeing's Q2 Beat Blemished By $450 Million Tanker Charge
Wednesday, July 23, 2014 - 4:14pm | 213Boeing (NYSE: BA) shares trended down Wednesday as investors looked beyond its second-quarter earnings beat to a $450 million charge for developing a military refueling aircraft. “It's worrying that Boeing took a charge of this magnitude this early in a long-term project," RBC...
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Air Force Suspends L-3 Communications Holdings (LLL)
Thursday, June 10, 2010 - 10:46am | 161After the markets closed yesterday, L-3 Communications Holdings released an 8-K stating that its Special Support Programs Division (SSPD) has been suspended from receiving any new contracts from the U.S. government. This suspension follows an ongoing investigation into alleged misuse of an email...
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Aerospace To Benefit From Global Recovery (LMT, RTN, ATK)
Friday, May 14, 2010 - 1:21pm | 135Analyst Howard Rubel of Jefferies & Company has announced that aerospace stocks stand to benefit from positive global trends for traffic and yields. The Department of Defense has announced the cancellation of the NLOS system since it has not met expectations. The short term impact of this...
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Honeywell International Inc. (HON) Maintains Buy Rating
Monday, February 1, 2010 - 3:05pm | 143Analysts Howard A. Rubel and John M. Croke at Jefferies & Company Inc. (NYSE: JEF) have maintained their Buy rating for Honeywell International Inc. (NYSE: HON). The price target for Honeywell International Inc. has been set at $46. Honeywell reported EPS of $2.85 for 2009 in line with...