Key Points We’re updating our outlook for BA after yesterday’s release of 1Q26 orders and deliveries data. We’re making minimal changes to our forecast but our target price declines USD13 to...
Key Points We're updating our forecast and target price for CW for the first time post 4Q25 earnings, and we're reiterating our Overweight rating on the shares. Our target price rises USD181...
Key Points Geopolitics tightening markets near-term. Middle Eastern disruptions and higher oil have driven USD300+ per ton methanol price gains implying USD1.5–1.6bn EBITDA upside See structural undersupply medium-term. At-risk Iranian capacity and...
Key Points We're updating our forecast and target price for BWXT for the first time post 4Q25 earnings, and we're reiterating our Overweight rating on the shares. Our target price rises USD5...
Key Points HUN shares look overly discounted as MDI fundamentals bottom; supply may tighten on delays, Middle East disruption risk, and Wanhua’s exclusion from the U.S. MDI operating rates normalizing to 87–88%...
Key Points We attended a small-group factory tour at WWD's Rock Cut aerospace factory yesterday near Rockford, IL, and spoke with the management team. Our detailed thoughts are included inside....
Key Points We’re maintaining our Overweight rating on shares of AVAV and we're updating our forecast post the firm’s 3QFY26 earnings report earlier this week. Our target price declines USD60 to USD280...
Key Points We attended Howmet’s investor conference at its White Hall, MI facility yesterday and came away impressed with the management team’s focus on investments, execution and the growth outlook. This was...