NASA’s decision to rely on SpaceX to retrieve two astronauts stranded on a Boeing Starliner spacecraft has sparked concerns about Boeing’s role in manned spaceflight, according to Bank of America analyst Ronald Epstein.
Epstein noted that this move could damage Boeing’s reputation with NASA and potentially lead the company to exit the manned spaceflight business altogether. Additionally, operational and leadership challenges continue to hinder Boeing’s progress.
Despite these concerns, Epstein maintains a “Neutral” rating for Boeing with a 12-month price target of $200, suggesting a 14.3% potential upside for the stock.
Cardano (ADA) Surges Amid Political BuzzCardano (ADA) has captured the spotlight with an impressive 265.7%…
Dell Technologies (DELL) reported solid Q3 results, but weak guidance for Q4 caused the stock…
CrowdStrike (CRWD) has delivered solid earnings despite a challenging IT spending environment and a significant…
Workday (WDAY) has delivered solid EPS results for the tenth consecutive quarter but faces growing…
Stellantis (STLA), the global automotive giant behind brands like Jeep, Ram, and Maserati, has been…
Brinker International (EAT), the parent company of Chili's and Maggiano's, has proven to be a…