Morgan Stanley Maintains Equal-Weight on Boeing, Lowers Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Kristine Liwag maintains an Equal-Weight rating on Boeing and lowers the price target from $195 to $170.
October 24, 2024 | 4:26 pm
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Morgan Stanley has maintained its Equal-Weight rating on Boeing but has lowered the price target from $195 to $170, indicating a less optimistic outlook.
The lowering of the price target by Morgan Stanley suggests a less optimistic view on Boeing's short-term performance, which could lead to a negative impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target is a bearish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100