Baird Maintains Outperform on Boeing, Lowers Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Peter Arment maintains an Outperform rating on Boeing (NYSE:BA) but lowers the price target from $300 to $240.

June 03, 2024 | 11:45 am
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Baird analyst Peter Arment maintains an Outperform rating on Boeing but lowers the price target from $300 to $240.
The Outperform rating suggests continued confidence in Boeing's performance, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100