tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Boeing’s aircraft order backlog remains large, says Goldman Sachs

Goldman Sachs keeps a Buy rating and $257 price target on Boeing (BA) after the company’s monthly aircraft delivery data. New aircraft order backlog remains large compared to supply and November gross orders were strong, building on the year-to-date momentum, the analyst tells investors in a research note. The backlog continues to support strong multi-year growth in deliveries across all aircraft platforms, the firm added.

Claim 50% Off TipRanks Premium and Invest with Confidence

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1