TD Cowen Maintains Buy on Boeing, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Cai Rumohr maintains a Buy rating on Boeing but lowers the price target from $230 to $200.

October 01, 2024 | 2:05 pm
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TD Cowen analyst Cai Rumohr maintains a Buy rating on Boeing but lowers the price target from $230 to $200, indicating a more cautious outlook.
The analyst's decision to maintain a Buy rating suggests continued confidence in Boeing's long-term prospects. However, the lowered price target reflects a more cautious short-term outlook, possibly due to market conditions or company-specific challenges. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100