UBS Maintains Buy on Boeing, Lowers Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Gavin Parsons maintains a Buy rating on Boeing (NYSE:BA) but lowers the price target from $250 to $240.
June 07, 2024 | 6:52 pm
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UBS analyst Gavin Parsons maintains a Buy rating on Boeing but lowers the price target from $250 to $240.
The Buy rating suggests continued confidence in Boeing's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100