Susquehanna Maintains Positive on Boeing, Lowers Price Target to $279
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino has maintained a Positive rating on Boeing (NYSE:BA) but has reduced the price target from $306 to $279.
January 18, 2024 | 4:50 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Susquehanna has maintained a Positive rating on Boeing but lowered the price target from $306 to $279, indicating a potential upside but with caution.
While the Positive rating suggests that Susquehanna still sees Boeing as a good investment, the reduction in the price target may reflect a more cautious outlook on the company's near-term prospects. This could be due to a variety of factors such as market conditions, company performance, or industry trends. Investors may interpret the lowered price target as a sign to temper expectations for growth, which could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100