Boeing Company (BA)

[Bull_Dolphin]

On Fidelity this morning:

Update: BofA Securities Upgrades Boeing to Buy From Neutral, Raises Price Target to $260 From $185
MT NEWSWIRES 11:20 AM ET 6/2/2025
Symbol Last Price Change
BA 208.465down +1.145 (+0.5523%)
QUOTES AS OF 11:27:44 AM ET 06/02/2025
11:20 AM EDT, 06/02/2025 (MT Newswires) -- (Updated to include BofA's commentary)

BofA Securities upgraded Boeing(BA) to buy from neutral and raised its price target to a Street-high of $260, citing increased confidence in the company's turnaround under the leadership of Chief Executive Kelly Ortberg.

The company's aircraft have become a preferred trade tool for the Trump Administration, as evidenced by recent deals with the UK (32 aircraft), Qatar (210), UAE (28), and China's decision to lift its ban on Boeing(BA) planes, analyst Ronald Epstein wrote in a Monday note.

These developments could shape the blueprint for future global trade negotiations, favoring the company, the analyst added.

Boeing has an average rating of overweight and mean price target of $214.60, according to analysts polled by FactSet.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Price: 208.80, Change: +1.51, Percent Change: +0.73


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