Wells Fargo Maintains Overweight on Boeing, Raises Price Target to $250
Portfolio Pulse from jenniferd'souza@benzinga.com
Wells Fargo analyst Matthew Akers has maintained an Overweight rating on Boeing (NYSE:BA) and raised the price target from $237 to $250.
July 27, 2023 | 1:32 pm
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Boeing's price target has been raised from $237 to $250 by Wells Fargo, which maintains an Overweight rating on the stock.
The raised price target indicates that the analyst expects Boeing's stock price to increase in the short term. The Overweight rating suggests that the analyst believes Boeing's stock will outperform the market. This positive outlook could lead to increased investor confidence and potentially drive the stock price up.
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