Citigroup Maintains Buy on Boeing, Lowers Price Target to $252
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Gursky has maintained a Buy rating on Boeing (NYSE:BA) but has lowered the price target from $263 to $252. This adjustment reflects Citigroup's updated valuation of Boeing's stock.

March 28, 2024 | 1:35 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup maintains a Buy rating on Boeing but lowers the price target from $263 to $252.
The reduction in price target by Citigroup reflects a slight adjustment in their valuation of Boeing's stock, which could influence investor sentiment. However, maintaining a Buy rating suggests a continued positive outlook on the company's fundamentals. The impact on the stock price is likely neutral in the short term as the lowered target is balanced by the reaffirmed confidence in the stock's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100