13 October 2022 | Other

Credit Suisse downgrades Boeing

After an underperforming rating for Boeing's shares and a $98 per-share price target for Boeing by Credit Suisse analysts, the company's stock tumbled about 1% ahead of Wednesday's open.

Credit Suisse forecasts are significantly worse than the Street, which is due to the fact that analysts consider the market "excessively optimistic about BDS profitability."

“While our forecasts may have upside potential if our assumption of Chinese order flow turns out to be wrong, we believe these earnings justify a consistently lower multiple taking into account their contribution to long-term sustainability and terminal value,” the analysts said.

Company MarketCheese
Period: 30.06.2026 Expectation: 3000 pips
Buying USDJPY up to 162.00
Today at 11:39 AM 16
Period: 16.04.2026 Expectation: 1300 pips
Investing in SPX with $6,850 target as fragile ceasefire holds
Today at 11:25 AM 13
Period: 31.05.2026 Expectation: 1400 pips
Investing in AUDCAD with 0.9880 target
Today at 10:26 AM 12
Gold sell
Period: 16.04.2026 Expectation: 150 pips
Gold correction looms on Strait of Hormuz jitters and US inflation data
Today at 09:28 AM 25
Period: 16.04.2026 Expectation: 15000 pips
Buying ETHUSD on correction with $2,325 in sight amid temporary geopolitical fog
Today at 08:11 AM 19
Period: 31.05.2026 Expectation: 1500 pips
Buying EURUSD from 1.1640 support
Today at 05:32 AM 19
Go to forecasts