Myles Walton

Virgin Galactic Holdings Inc (NYSE: SPCE) shares traded higher by another 4.2% on Friday after the stock landed a major Wall Street upgrade. The Analyst: UBS analyst Myles Walton upgraded Virgin Galactic from Neutral to Buy and cut his price target from $40 to $36. Related Link: ARKX Isn't The...

Virgin Galactic Holdings Inc (NYSE: SPCE) is trading higher again Friday morning after the stock was upgraded.  What Happened: UBS analyst Myles Walton upgraded Virgin Galactic from Neutral to Buy and lowered the price target from $40 to $36. On Thursday...

UBS Group AG (NYSE: UBS) equity strategist Keith Parker gave the top 10 conviction stock picks for 2021, which, according to him, have an upside potential based on their “exposure to key themes” in 2021, CNBC reports. Parker factored in upside to price target, risk/...

Boeing Co (NYSE: BA) and Spirit AeroSystems Holdings, Inc. (NYSE: SPR) landed upgrades on Wall Street Monday, with a coronavirus vaccine in sight.  The Analyst: UBS analyst Myles Walton upgraded Boeing from Neutral to Buy and doubled the price target from $150 to $300. Walton upgraded...

The plan by United Technologies Corp. (NYSE: UTX) to acquire Rockwell Collins, Inc. (NYSE: COL) doesn’t quite fly with everyone. Both companies are major suppliers of a range of avionics systems to Boeing Co (NYSE: BA) and Airbus SE, and the two aircraft manufacturers expressed concern that...

Rockwell Collins, Inc. (NYSE: COL) spiked as much as 12 percent in weekend futures trading on reports of a potential sale to United Technologies Corporation (NYSE: UTX), a deal analysts deem “plausible” considering the bidder’s past interest. Between Rockwell Collins’...

Sen. Elizabeth Warren sent a letter to the Department of Defense Monday requesting an investigation into TransDigm Group Incorporated (NYSE: TDG) for “potential waste, fraud, and abuse in the military spares market.” The letter follows up on requests from Reps. Ro Khanna and Tim Ryan,...

Shares of TransDigm Group Incorporated (NYSE: TDG) have been under pressure due to several short-seller reports, creating upside opportunity. Deutsche Bank’s Myles Walton maintained a Buy rating on the company, with a price target of $305. Concerns Abound Concerns around TransDigm have...

On December 12, Boeing Co (NYSE: BA) raised it dividend by 30 percent, which Deutsche Bank’s Myles Walton believes is “a powerful message to those who doubt BA’s ability to continue to grow free cash flow.” Walton reiterated a Buy rating on the company, with a price target...

Deutsche Bank's Myles Walton reiterated a Buy rating and $160 price target on shares of Boeing Co (NYSE: BA). The analyst laid out both the bull and bear cases, but remains bullish on the stock. "We won’t try to argue with the bear point that the aerospace industry is late into...

Election uncertainty fails to diminish confidence in the defense sector, according to Deutsche Bank, which hosted 13 Aerospace and Defense companies at its seventh annual Global Industrials and Materials Conference. "The mood amongst the presenting companies and 1x1s was upbeat, despite election...

The recent selloff in KLX Inc (NASDAQ: KLXI) may be overdone, according to a report from Deutsche Bank. KLX reported lower-than-expected first quarter results, as the energy business (ESG) was weak during the quarter and the aero business (ASG) was also a bit behind Deutsche Bank's forecast. The...