Seeking Alpha

Citi ups price target on Boeing

Citi's Jason Gursky becomes the latest sell-sider to remind investors that Buy-rated Boeing (BA -0.4%) is likely headed higher.

"We're tweaking our cash outlook and updating our market multiple to more closely reflect Boeing Commercial's growth opportunities ahead," Gursky notes, adding that he's rolling his estimates forward to 2015.

Price target hiked to $142 from $122.

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  • thomas85225
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    Boeing stock is still climbing base on order that been on the book for some times


    The Securities and Exchange Commission (SEC) need to start fining these people site


    Boeing Falls Behind Airbus in Orders and Deliveries


    The Stock Analysis are trying to used the 787 program to drive up the Boeing stock price but the 787 was start on 3-28-2003 and only 83 787-8 has been delivery and Boeing must sell 1100 aircraft to break even on the program, Boeing is paying late delivery fee, perform short fee, and 4 months of the 787 be grounded, the program is costing Boeing 5 million a day to operate the 787 program


    The 747-8 is two years late and only has 111 orders and 52 delivery
    the program is 2.04 Billions over budget


    Last year Boeing beat out Airbus by 38 aircrafts, but several airlines had delay their orders, Southwest delay its orders of 38 aircraft, alone with FedEx, delta airline and other


    When an orders is delay by the airlines Boeing has only taken the down payment for the aircraft about 1/3 of the sell price and not the full price they the investor should made be aware of this , the same with opinion that Boeing like to count opinion as orders as a sell
    FedEx orders 27 Boeing 767s, delays 11 777s - The Seattle Times
    If a new airline place a orders for a aircraft there is plenty of work to do, if and existing airlines place as orders it’s just a re-tab into the computer systems
    Boeing is currently laying off their work force again ( 1993-1996 37%. 1996 10%) and in five years 40% of Boeing will be retiring )


    Boeing is being sue over fault and misleading claims over the 787
    The 787 was started on 3-28-2003 and ten years later only 83 787 has been delivery Boeing has yet to meet rate of 10 787 per months and the 747-8 has 111 order and 52 delivery and is two years late
    Boeing must sell 1100 787 to break ever and that was before all the late delivery and the grounding
    the airlines now want compensation for.
    787 Break Even for Dummies | The Blog by Javier
    What Boeing does next will determine Boeing Future.
    Boeing may miss the boat if Boeing waits to offer the 737 MAX in 2017 (777-X in 2019 and the 787-10 TBD)
    Boeing is laying off its workforce and has sold off its Manufacturing Capabilities to other aircraft companies
    40% of Boeing workforce will be retiring over the next five years
    Boeing has yet to modernize its factories with automation to meet the world need of 35,000 new aircraft over the next twenty years


    Boeing The Current Market Outlook see


    Airbus Global Market Forecast 2012-2031 see


    Note Asia and Japan has had a Recession since 1997 and Boeing did not build the double-decker 747-500 & -600


    Average Fleet Age for Selected Airlines see


    Bombardier C-Series and Airbus is two years ahead of Boeing


    The Boeing product line is out dated the 747 was design in 1961, 737 in 1966, 757 & 767 in 1972, 777 in 1989, 737NG in 1997, 787 in 2003
    Boeing has yet to build the Yellowstone aircrafts


    Boeing has the 747-8, 777, 787, and 767 all in the market and the airlines rarely used these aircrafts on domestic route


    Boeing is not the only aircraft assembler in the world, Airbus A320, Bombardier C-Series, Comac C919, Irkut MS-21 and Embraer


    The irony about the A320, A330, A340, A350, A380 and the Kc-30 they are in production with parts being built in factories once own by Boeing
    The 777-X, 787-10 and 737Max are not


    Where is the market for the 777-X which as offer twice before alone with the 777-100 & combi in 1995 at the Pair air shown


    Boeing slows the pace on 777X see


    How many airlines will need a 777-X that can fly non-stop for 9,000 mile and carries 400 passengers?


    Air India and Jet Air are leasing out there 777
    Air India has decided to sell five out of its eight Boeing 777-200LR aircraft owing to changes in market dynamics due to the Global recession, steep increase in fuel prices and poor yields on non-stop routes,


    Boeing still must design and test all the 737 max parts. 777-X and 787-10 and build flight test parts and flight test wing and build flight test 777-X, 787-10 737max -7, 737max -8 and 737max -9 and there a FAA 18 month to 24 months flight test programs
    The 737 was design in 1966 that base on the 707 in 1958, that has been updated with turbo fan engines, glass cockpit and winglets
    The 737Max still has 17.2 wide seat, manual cargo loading systems no composite parts to save weight, the 737 max will need a redesign tail under body fairing, reinforce wing, new engine ploy and engines nacelle , longer landing gears, and reinforce aircraft undercarriage, all these improvement will add weight and the Renton airport only has 1000 feet long runway


    Airbus is two years ahead of Boeing with the A350 and A320NEO


    The 787 was start on 3-28-2003 and only 83 aircraft has been delivery the program is over 3.5 years late with delivery


    The 747-8 only has 111 orders 52 delivery, 2.04 Billions over budgets and two years late


    Many airlines are not replacing there exist Boeing aircraft, since Boeing CEO James McNerney, and GE CEO Jeff" Immelt are member of the board on the Import-Export Bank that made better loan to foreign airlines at a lower interest bank


    Delta, and other Airline Group have file law suits against The U.S. Export-Import Bank over Air India Loan Guarantees



    This may be the reason that airlines are ordering from Airbus
    Delta has already has orders with Boeing for 18 787s and Delta confirms plan to buy 100 Boeing 737s
    Delta Air Lines said on Wednesday that it will buy 40 more Airbus planes



    British Airways Poised to Dump Boeing


    British Airways Poised to Dump Boeing - 24/7 Wall St.


    Singapore Airlines likely to convert orders to A350-900 & -1000


    Lion Air orders 234 A320 Family aircraft › Press centre › Press releases


    American Airlines takes first of its 260 Airbus airplanes on order


    Airbus, ANA & JAL In Discussions For A350 Orders



    Air China Places Order for 100 Airbus SAS Aircraft
    Airbus wins $7 billion Philippine Air order


    Vietnam's VietJet agrees bumper $8.6 billion Airbus order, plans ...


    Sep 25, 2013 • The Vietnamese airline would buy mostly A320 planes using loans from foreign banks, managing director Luu Duc Khanh told Reuters in a telephone


    its is time to give Boeing CEO his golden parachute retirement and the stock holder should loan the CEO a C-17 over one of the World's Active Volcanoes
    25 Sep 2013, 06:10 PM Reply Like
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