Wells Fargo initiated coverage of Airbus (EADSY) with an Equal Weight rating and EUR 175 price target. Airbus is more constrained by the supply chain than Boeing (BA) at this time, argues the analyst, who also sees a larger negative impact from the Spirit AeroSystems (SPR) integration
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EADSY:
- “Trustful Partners” Improve European Relations, But Boeing Stock (NYSE:BA) Fails to Rise
- Boeing Stock (NYSE:BA) Slides Despite Huge New Order
- “A Significant Price Discount”: Boeing Stock (NYSE:BA) Gains Despite Losing Deal to Airbus
- Airbus price target lowered to EUR 190 from EUR 210 at Berenberg
- Lufthansa Stock Soars on Asia Route Expansion as Middle East Conflict Shifts Demand
