From Investing.com: 2024-11-09 04:00:00

Boeing is working to stabilize its financial position with an equity raise, but faces potential credit rating downgrades due to high debt and low cash flow ratios.

Analysts suggest asset sales could support Boeing’s balance sheet, potentially speeding up credit metric improvements by divesting segments like space operations and distribution businesses.

Selling off non-core assets could help Boeing focus on its core operations, but challenges include accurate valuation, potential tax implications, and balancing divestitures with operational demands.

If Boeing effectively executes its divestiture strategy, it could restore credit metrics sooner, reducing interest expenses and making the stock more attractive to investors, despite Wells Fargo’s conservative outlook with a revised price target of $85 per share.



Read more at Investing.com: How much can asset sales help Boeing? By Investing.com