Goldman Sachs Maintains Buy on Boeing, Lowers Price Target to $202
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Noah Poponak maintains a Buy rating on Boeing but lowers the price target from $232 to $202.
September 24, 2024 | 2:18 pm
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NEUTRAL IMPACT
Goldman Sachs analyst Noah Poponak continues to recommend buying Boeing stock but has reduced the price target from $232 to $202, indicating a more cautious outlook.
The Buy rating suggests continued confidence in Boeing's long-term prospects, but the lowered price target reflects potential short-term challenges or adjustments in valuation expectations. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100