TD Cowen Reiterates Buy Rating on Boeing (BA)

TD Cowen analyst Cai von Rumohr reiterated a Buy rating and $230.00 price target on Boeing (NYSE: BA).

The analyst commented, "We expect more noise from the IAM as contract negotiations approach the 9/12 contract expiration. Given the supply chain's fragility, there's greater than normal risk if the union does go on strike; but there's potential for leveraged 2025-26 cash lift if a peaceful settlement is reached."

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 $173.43 yesterday.

You May Also Be Interested In

• KeyBanc Downgrades Vistra Energy (VST) to Sector Weight
• Keurig Dr Pepper (KDP) PT Raised to $42 at UBS
• Graphic Packaging Holding Company (GPK) PT Raised to $11.50 at UBS