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The outlook for Boeing (BA) has improved according to Soc Gen's Zafar Khan who upgrades the...

The outlook for Boeing (BA) has improved according to Soc Gen's Zafar Khan who upgrades the shares to Hold from Sell and raises his price target to $94 from $86. The stock still has some "catching up" to do with its civil peers but solid Q1 results and a resolution to the 787 battery problem point to "strong cash generation in the medium term [which should] support the buyback program as well as dividend increases," Khan notes.
Comments (4)
  • GarryGR
    , contributor
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    "The stock still has some "catching up" to do with its civil peers"; interesting term, "civil peers"?! Who might that be, other than EADS / Airbus?

     

    Boeing's PE is now at 17.67, EADS/Airbus is 27.58. Even with that rather large PE, EADS Mkt cap is much lower than Boeing's 71.50B. So Soc Gen says Boeing is a HOLD and EADS is a BUY?! OK, time will tell.
    11 May 2013, 02:07 AM Reply Like
  • bberuch
    , contributor
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    peut-etra Societe General pense que De Gaule ete le factoire major de le victoire de WWII?
    13 May 2013, 08:45 AM Reply Like
  • bberuch
    , contributor
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    25 year as systems analyst in research and development in MIC
    13 May 2013, 08:53 AM Reply Like
  • GarryGR
    , contributor
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    bberuch "peut-etra Societe General pense que De Gaule ete le factoire major de le victoire de WWII?"

     

    Say what now??? :)
    14 May 2013, 03:23 PM Reply Like
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