Barclays Maintains an 'Overweight' on Boeing (BA); Recent Dip Offers Potential Opportunity

Barclays maintains an 'Overweight' on Boeing (NYSE: BA) price target $96.00.

Analyst. C. Copeland, highlighted 5 causes for poor traction year-to-date including: lack of sensitivity to global GDP improvement, guide uninspiring, moderation in orders, 787 issues, lack of catalysts; however, Copeland feels that none of these change their long-term bull case. The dip currently offers a potentiall entry point."

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 $74.90 yesterday.

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