Boeing likely to protect 737-8 supply chain at 31, says Credit Suisse

Credit Suisse analyst Scott Deuschle sees the potential for temporary disruption to final assembly production rate of Boeing (BA) 737-8s due to nonconformances, but thinks Boeing is likely to protect the supply chain at 31. The analyst, who made no change to the firm’s Neutral rating or $220 price target, notes that Spirit (SPR) is not the sole source on the -8, and as a result, Boeing has not fully paused deliveries and continues to deliver aircraft that have parts from the alternative suppliers.