Buckingham Remains Tactically Bullish on Boeing (BA)

Buckingham Research analyst Richard Safran reiterated a Neutral rating and $395.00 price target on Boeing (NYSE: BA), but remained tactically bullish.

• thinks the stock could bounce above our $395 PT short-term as B737 MAX risk dissipates
• When investors gain visibility that the MAX will be certified, we expect a significant amount of buying and believe the stock could rise to $425-$450

For an analyst ratings summary and ratings history on Boeing click here. For more ratings news on Boeing click here.

Shares of Boeing closed at $388.00 yesterday.

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