TradingKey – Boeing (NYSE: BA) is trading at $226.51 on Monday August 4, up by 4.80% from its Friday closing price at $216.14. The upgrade was announced by BNP Paribas from Underperform to Outperform and JPMorgan upped its price target from $270 to 290. Goldman Sachs remained Bullish with a $260 price target. Over the last year, Boeing has traded in a range of $176.77 to $254.35. Q2 reported Boeing’s largest number of deliveries since 2018, delivering 171 total aircraft. Additionally, Q2 reported $631 million in FCF and a new record total backlog of $715 billion. The RSI has reached 75 and is now approaching the double top resistance at $234.06. For the year, FCF is expected to be in the $1 to $3 billion range.