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: 28.11.2025 Expectation: 540 pips
AUDCAD shows signs of recovery as Canadian dollar experiences pressure
Yesterday at 09:24 AM 26
Period: 05.12.2025 Expectation: 1500 pips
GBPUSD has room to drop further
Yesterday at 08:13 AM 30
Brent sell
Period: 28.11.2025 Expectation: 120 pips
Defusing geopolitical tensions weighing on Brent prices
Yesterday at 07:59 AM 20
Period: 28.02.2026 Expectation: 200 pips
USDJPY selloff with 155.50 in view
Yesterday at 04:02 AM 18
Period: 05.12.2025 Expectation: 30000 pips
Chances for ETHUSD rebound increase near $2,700
20 November 2025 45
Period: 27.11.2025 Expectation: 437 pips
Buying natural gas amid seasonal demand peak
20 November 2025 41
Go to forecasts