Goldman Sachs Raises Price Target On Boeing (BA) Citing Accelerating Orders
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Price: $226.92 -2.05%
Rating Summary:
32 Buy, 12 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 22 | New: 20
Rating Summary:
32 Buy, 12 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 22 | New: 20
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Goldman Sachs raised their price target on Boeing (NYSE: BA) from $82 to $87 following Q1 results yesterday, saying orders are accelerating and more positive catalysts coming.
The firm states, "We reiterate our Buy rating on BA. We favor the stock for many reasons, but the simplest is that shares are highly correlated to new commercial aircraft orders, and orders continue to accelerate."
For more ratings news on Boeing click here and for the rating history of Boeing click here.
Shares of Boeing closed at $76.12 yesterday.
The firm states, "We reiterate our Buy rating on BA. We favor the stock for many reasons, but the simplest is that shares are highly correlated to new commercial aircraft orders, and orders continue to accelerate."
For more ratings news on Boeing click here and for the rating history of Boeing click here.
Shares of Boeing closed at $76.12 yesterday.
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