Analyst John Murphy of BofA Securities reiterates Buy rating for Ford, citing strong operational performance driven by Pro volume growth and improved Model e losses. Despite tax challenges, Ford's 2024 outlook remains steady with slight adjustments in FCF and Capex. Murphy believes Ford's resilience amid pricing pressure and high demand for Pro bode well for future growth prospects.
Analyst Joseph Feldman predicts Amazon will see double-digit sales and profit growth in Q1 2024, driven by online spending, expanded merchandise, faster fulfillment, and AWS stabilization.
Boeing's fundamentals woes may not disappear in a jiffy but would require the company to put in the hard mile before turnaround can occur, says an analyst.