Boeing Stock Pops on Upgrade, Street-High Price Target
BofA Research upgraded Boeing stock to “buy” this morning
Boeing Co (NYSE:BA) stock is up 1.3% at $209.80 at last glance, after BofA Securities upgraded the stock to “buy” from “neutral” and hiked its price target to a Street-high $260 from $185. The analyst cited recent aircraft orders from the U.K. and Middle East, along with easing trade tensions with China, as signs Boeing could benefit from President Donald Trump’s evolving trade policy.
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