This Is What Whales Are Betting On Boeing
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on Boeing (NYSE:BA), with 60% of investors opening trades with bullish expectations and 40% with bearish. The whales have been targeting a price range from $200.0 to $220.0 for Boeing over the last 3 months. RBC Capital and Morgan Stanley have both downgraded their action on Boeing to 'Sector Perform' and 'Equal-Weight' respectively, with a price target of $220.
July 17, 2023 | 2:47 pm
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Boeing has seen significant bullish activity from large investors, with a target price range of $200-$220. However, RBC Capital and Morgan Stanley have downgraded their action on the company.
The bullish activity from large investors indicates a positive sentiment towards Boeing, which could drive the stock price up in the short term. However, the downgrades from RBC Capital and Morgan Stanley could potentially dampen this bullish sentiment.
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