Aerospace and defense stocks took flight in 2022. What analysts expect for the sector in 2023

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Aerospace stocks outperformed in 2022, and Wall Street expects those tailwinds to continue next year.

Aerospace and defense stocks took off in 2022, outperforming the S & P 500 as a selloff trend pummeled growth and technology names. Wall Street expects those tailwinds to continue in the new year. Through 2022, the aerospace and defense sub-industry within the S & P 500 rose 15.5%, while the broader index tumbled 19.4%. These stocks benefited from a rotation into defensive sectors offering stability in an uncertain economy.

During the quarter, the aircraft maker announced a new contract with United Airlines to purchase at least 100 Dreamliners . Wall Street expects Boeing's tailwinds to continue, with more than 6 out of 10 analysts rating the stock a buy. The consensus price target implies a 4.3% upside for the stock from Friday's close.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

The usa and its perpetual war machine.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie