Ken Herbert

Boeing Company (NYSE:BA) shares are trading lower on Wednesday following the company's fourth-quarter earnings report, which showed a drop in performance. What To Know: Boeing reported an adjusted operating loss of $4.042 billion, a contrast to the $90 million in adjusted operating earnings from...

Troubled aerospace giant Boeing Co. (NYSE:BA) reported a $6 billion third-quarter loss on Wednesday, the company's largest since 2020, amid an ongoing labor strike and a company-wide turnaround effort. Analysts weighed in on the company's issues and what is next for Boeing.  The Details: BofA...

Lockheed Martin Corp. (NYSE:LMT) reported mixed third-quarter results before Tuesday's opening bell, missing the consensus revenue estimate, but beating consensus on the bottom line. RBC Capital Markets analyst Ken Herbert offered insights into the defense contractor's report.  The Details: Herbert...

Shares of Lockheed Martin Corp (NYSE:LMT) tanked in early trading on Monday, after rallying nearly 4% in overnight trading. There has been a positive inflection in the company's sales growth, F-35 deliveries have resumed and the MFC segment's outlook is improving, according to RBC Capital Markets....

Boeing Co (NYSE: BA) shares were climbing in early trading on Thursday after the company reported its third-quarter loss had narrowed. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. RBC Capital Markets On Boeing Analyst Ken...

Boeing Co. (NYSE: BA) held an Investor Day to showcase its Boeing 737 plant and for investors to meet with company executives to discuss strategic priorities, business updates and financial goals. The last Investor Day Boeing had was in 2018 and the company has not provided meaningful forward...

Shares of Virgin Galactic traded higher Friday after receiving FAA certification to take passengers to space. A Virgin Galactic analyst discussed the possibility of founder Sir Richard Branson flying into space in a new note.  What Happened: After the success of the May 22 VSS Unity flight,...

The FAA's ungrounding of the 737 Max and recent positive coronavirus vaccine news bode well for Spirit AeroSystems Holdings, Inc. (NYSE: SPR), according to Canaccord Genuity. The Spirit AeroSystems Analyst: Ken Herbert upgraded Spirit AeroSystems from Hold to Buy and raised the price...

The impact of the coronavirus on the airline industry has created a much gloomier outlook for already-struggling Boeing Co (NYSE: BA), according to Canaccord Genuity. The Boeing Analyst Ken Herbert maintained a Hold rating on Boeing and reduced the price target from $340 to $225. The...

When United Parcel Service, Inc. (NYSE: UPS) last October made its first medical delivery by drone, it may have finally begun what drone advocates have been touting for a decade — a new era when unmanned flights may become just as normal as those in aircraft with pilots. There are a couple of...

Boeing Co (NYSE: BA) shares took a hit this week following reports that the grounded 737 Max won’t be cleared for flight by regulators until June or July. The new timeline is months later than the company had previously targeted. The 737 Max has been grounded by regulators since March of 2019...

Boeing Co (NYSE: BA) announced it will lower production of its 737 Max 8 planes from 52 units per month to 42 per month. BofA No Longer A Bull Bank of America's Ronald Epstein downgraded Boeing's stock from Neutral to Buy with a price target lowered from $480 to $420. The analyst says...

Boeing Co (NYSE: BA) on Monday announced a 20 percent increase in quarterly dividend to $2.055 per share and replaced its existing share buyback authorization with a new $20 billion authorization, sending a bullish signal on its outlook, according to Canaccord Genuity. The Analyst Canaccord Genuity...

United Technologies Corporation (NYSE: UTX) officially announced its long-rumored $30 billion buyout of Rockwell Collins, Inc. (NYSE: COL). United will pay $93.33 in cash and $46.67 in United stock, a combined takeout price of $140 per share. United announced that Rockwell Collins will be merged...