Susquehanna analyst Charles Minervino lowered the firm’s price target on Boeing to $200 from $210 and keeps a Positive rating on the shares. Boeing’s Q3 results were dragged down by challenges within commercial airplanes as well as defense, space and security, including multiple charges taken in the quarter, the analyst tells investors in a research note. The firm says the company continues to burn cash “throughout this prolonged recovery,” with Q4 expected to be another quarter of free cash flow usage. While Susquehanna acknowledges Boeing’s “recovery has been highly challenged and is dragging much longer than anticipated,” it continues to see upside from current share levels.