Analysts: Boeing Dreamliner Fire Was One-Off Issue and 3 More Research Notes to Check Out
Boeing (NYSE:BA): Sterne Agee is confident that the fire in London aboard Boeing’s 787 Dreamliner jet was caused by a one-time issue, rather than a systemic design problem. The firm keeps a $120 price target and Buy rating on Boeing.
Panera Bread (NASDAQ:PNRA): Buckingham expects Panera to report second-quarter earnings of $1.80 per share versus the consensus estimate of $1.77. The fim continues to view it as a 2013 top pick given strong fundamentals and valuation, and has the shares Buy rated with a $225 price target.
Biogen (NASDAQ:BIIB): RBC Capital expects Biogen to submit better-than-expected second quarter results due to strong sales of its Tecfidera drug, and believes that the company has several other positive upcoming catalysts. It keeps an Outperform rating on the shares.
JPMorgan (NYSE:JPM): RBC Capital has raised its price target on JPMorgan to $68 from $55 after the company reported stronger-than-expected second quarter results. The firm thinks the results were fundamentally sound and believes that the bank has several upcoming catalysts. It reiterates an Outperform rating on the shares.