UBS Maintains Buy on Boeing, Lowers Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Gavin Parsons maintains a Buy rating on Boeing but lowers the price target from $215 to $195.
October 24, 2024 | 5:09 pm
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NEUTRAL IMPACT
UBS analyst Gavin Parsons maintains a Buy rating on Boeing, indicating confidence in the company's long-term prospects. However, the price target is lowered from $215 to $195, suggesting some short-term challenges or adjustments in valuation.
The maintained Buy rating suggests continued confidence in Boeing's long-term potential, which is positive. However, the lowered price target indicates some short-term challenges or adjustments in valuation, balancing the impact to neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100