BofA Securities Reiterates Neutral Rating on Boeing (BA) Despite Strong Deliveries

BofA Securities analyst Ronald Epstein reiterated a Neutral rating and $225.00 price target on Boeing (NYSE: BA).

"Boeing recorded 60 orders and 22 cancellations in March, ahead of Cirium estimates of 43 orders. For the March quarter-end, Boeing recorded 120 orders, 28% below 2022 levels. However, these figures don’t include the historic order from Air India of 220 aircraft. We maintain our Neutral rating on Boeing as recovering commercial aero is partially offset by execution."

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 $212.32 yesterday.

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