Bernstein is doubling down on its bullish outlook on Boeing . Analyst Douglas Harned maintained his outperform rating on Boeing shares and assigned a fresh price target of $249, up from $218. His new target suggests roughly 21% upside for the stock, which is up 16% this year. Harned sees a strong growth runway for Boeing and said its defense business could return to being a powerful cash generator. He also highlighted recent developments such as Boeing’s restart of deliveries to China, its deal with Qatar Airways announced last week to provide up to 210 widebody jets and easing tariff concerns. “Positive events support the stock’s upward momentum,” the analyst wrote in a Monday note to clients. “Last week, we saw large new widebody…
May 20 2025
