Analysts Show Renewed Interest in Boeing Stock Amid Price Target Adjustments
Boeing's stock (NYSE:BA) is gaining traction as analysts recalibrate their outlooks. Susquehanna's Charles Minervino maintained a Positive rating but trimmed the price target to $255 from $270, citing a balanced risk-reward profile. Freedom Capital Markets upgraded Boeing to Buy with a $223 target, while UBS and JPMorgan held firm on Buy and Overweight ratings, respectively, despite minor target reductions.
Bernstein bucked the trend by raising its price projection, signaling divergent views on the aerospace giant's trajectory. The stock edged higher in midweek trading as the market digested these nuanced evaluations—a testament to Boeing's evolving narrative in a challenging macroeconomic climate.