Jefferies Maintains Buy on Boeing, Lowers Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Sheila Kahyaoglu maintains a Buy rating on Boeing but lowers the price target from $270 to $240.
September 23, 2024 | 3:22 pm
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NEUTRAL IMPACT
Jefferies analyst Sheila Kahyaoglu maintains a Buy rating on Boeing, indicating confidence in the company's long-term prospects. However, the price target is lowered from $270 to $240, suggesting some short-term challenges or adjustments in valuation.
The maintained Buy rating suggests continued confidence in Boeing's long-term potential, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100