JPMorgan Raises Boeing (BA) to Overweight, Price Target Up to $83

January 3, 2011 8:38 AM EST Send to a Friend
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Price: $99.75 --0%

Rating Summary:
    15 Buy, 3 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Boeing (NYSE: BA) shares are trading nearly 2% higher in pre-market action on the heels of an upgrade from an analyst at JPMorgan. The firm now rates Boeing shares an Overweight, up from Neutral previously. JPMorgan also boosted its price target on the aerospace stock from $80 to $83.

With shares of Boeing last trading at $66.50, JPMorgan's new price target implies potential upside of about 25%.

For more ratings news on Boeing click here and for the rating history of Boeing click here.


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