RBC Cuts Price Target on Applied Aerospace & Defense to $18 From $21
RBC Capital Markets has lowered its price target for Applied Aerospace & Defense, Inc. while maintaining an Outperform rating.
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On Monday, Teradyne shares fell 1.5%; Boeing shares declined 1%; and Applied Aerospace & Defense fell 0.8%.
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RBC Capital Markets has lowered its price target for Applied Aerospace & Defense, Inc. while maintaining an Outperform rating.
Multiple law firms have announced investigations into The Boeing Company following the company's Q3 2026 earnings report and subsequent stock price decline.
BofA Securities lowered its price target for Boeing to $235 from $270 while maintaining a Buy rating.
Boeing projects that global air cargo traffic will double over the next 20 years, requiring nearly 3,000 new and converted freighters.
Boeing's Q3 revenue beat estimates at $24.19B, but its 34-cent adjusted loss missed forecasts. Analysts cut price targets; shares rose 0.2%.
BofA Securities analyst Vivek Arya maintained a "Buy" rating on Teradyne while adjusting the price target to $450.