Baird Maintains Outperform on Boeing, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Peter Arment maintains an Outperform rating on Boeing but lowers the price target from $240 to $200.
October 24, 2024 | 11:41 am
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Baird analyst Peter Arment maintains an Outperform rating on Boeing but lowers the price target from $240 to $200, indicating a more cautious outlook.
The maintenance of an Outperform rating suggests continued confidence in Boeing's performance, but the lowered price target indicates a more cautious outlook, likely due to market conditions or company-specific challenges. This could lead to short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100