RBC Capital Maintains Outperform on Boeing, Lowers Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ken Herbert maintains an Outperform rating on Boeing (NYSE:BA) but lowers the price target from $225 to $215.

April 16, 2024 | 1:17 pm
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RBC Capital maintains an Outperform rating on Boeing but lowers the price target from $225 to $215.
The adjustment in price target by RBC Capital reflects a slight moderation in their short-term outlook for Boeing, possibly due to market conditions or company-specific factors. However, maintaining the Outperform rating indicates a continued positive long-term view on the company. The impact on the stock price may be neutral to slightly negative in the short term as the market digests the lower price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100