Boeing (BA) Target Raised to $164 at Sterne Agee; Says Stock is 'Must Own'

September 16, 2013 8:52 AM EDT
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Price: $221.54 +0.01%

Rating Summary:
    21 Buy, 14 Hold, 4 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 24 | Down: 32 | New: 109
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Sterne Agee reiterated a Buy rating on Boeing (NYSE: BA) and raised its price target to $164.00 (from $120.00). Analyst Peter Arment called Boeing a must own stock, citing unmatched visibility and a massive backlog. He views the stock as a must own among meg-cap industrials.

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 $111.33 yesterday.

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