TD Cowen Maintains Outperform on Boeing, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Cai Rumohr maintains an Outperform rating on Boeing (NYSE:BA) but lowers the price target from $275 to $230.
March 25, 2024 | 11:19 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
TD Cowen maintains an Outperform rating on Boeing but lowers the price target from $275 to $230.
While the reduction in price target from $275 to $230 could suggest a tempered outlook on Boeing's near-term price performance, the maintenance of an Outperform rating indicates continued confidence in the company's fundamentals and long-term prospects. 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 ongoing bullish stance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100