Wells Fargo Maintains Equal-Weight on Boeing, Lowers Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Matthew Akers has maintained an Equal-Weight rating on Boeing (NYSE:BA) and reduced the price target from $225 to $215.
February 01, 2024 | 1:30 pm
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Wells Fargo has maintained its Equal-Weight rating on Boeing but lowered the price target from $225 to $215.
The reduction in price target by Wells Fargo suggests a more cautious outlook on Boeing's stock, potentially due to underlying challenges or market conditions. This adjustment is likely to influence investors' perception and could lead to a short-term negative impact on Boeing's stock price.
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