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Strategies & Market Trends : Charts for Breakout II

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Julius Wong

From: Area51	11/18/2020 11:03:21 AM
	1 Recommendation of 8531

FAA Administrator Steve Dickson is expected to sign an order today lifting the flight ban on the 737 MAX, which was grounded in March 2019, as well as an airworthiness directive requiring new pilot training and software upgrades. Baird analyst Peter Arment, who raised BA stock to Outperform from Neutral with a Street-high price target of $306/share this morning, doesn’t see a return to positive free cash flow until the second half of 2021.

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