RBC Capital Maintains Outperform on Boeing, Lowers Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ken Herbert has maintained an Outperform rating on Boeing (NYSE:BA) but has lowered the price target from $285 to $260.

February 01, 2024 | 4:19 pm
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RBC Capital maintains an Outperform rating on Boeing but lowers the price target from $285 to $260.
While the reduction in price target could suggest a more cautious outlook on Boeing's short-term price potential, the maintenance of an Outperform rating indicates a continued positive long-term view on the company's fundamentals. This mixed signal might lead to a neutral short-term impact on Boeing's stock price as investors weigh the lowered price target against the analyst's overall positive stance.
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IMPORTANCE 75
RELEVANCE 100