Analysts: Boeing’s Outlook Is Positive and 3 More Research Notes to Explore
Boeing (NYSE:BA): Stifel has increased its price target from $100 to $115, attributing the decision to several factors including resumption of 787 deliveries and production work on 787-9, improved margins, and better than expected results from its defense business. The firm maintains its Buy rating on the shares.
Cheniere Energy (AMEX:LNG): Credit Suisse increased the probability of Cheniere’s Corpus Christi project to 50 percent, following an announcement from the Department of Energy which sets the state for at least 10 billion cubic feet per day of non-FTA export approvals. Credit Suisse rates the shares at Outperform.
NetApp (NASDAQ:NTAP): Checks conducted by RW Baird indicate significant pricing concessions, tougher competition, product road map uncertainty, and valuation concerns, prompting the firm to downgrade shares to Underperform, from Neutral, although it keeps its price target at $34.
Abbott (NYSE:ABT): Strong growth in emerging markets, better growth and product mix, new product launches, and market share gains have led Goldman Sachs to upgrade Abbott shares from Neutral to Buy. Goldman also raised its price target from $38 to $44.