B of A Securities Maintains Neutral on Boeing, Lowers Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ronald Epstein maintains a Neutral rating on Boeing (NYSE:BA) and lowers the price target from $225 to $210.
March 21, 2024 | 6:13 pm
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Boeing's price target was lowered from $225 to $210 by B of A Securities, while maintaining a Neutral rating.
The reduction in Boeing's price target by a significant financial analyst could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price. The maintenance of a Neutral rating indicates that the analyst sees limited upside or downside potential from the current price level, suggesting a cautious outlook on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100