Buckingham Remains Tactically Bullish on Boeing (BA)

Buckingham Research analyst Richard Safran reiterated a Neutral rating and $395.00 price target on Boeing (NYSE: BA), but remained tactically bullish.

• thinks the stock could bounce above our $395 PT short-term as B737 MAX risk dissipates
• When investors gain visibility that the MAX will be certified, we expect a significant amount of buying and believe the stock could rise to $425-$450

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 $388.00 yesterday.

You May Also Be Interested In

• BNP Paribas Exane Upgrades Boeing (BA) to Outperform
• Needham Starts SK Hynix (SKHY) at Buy
• Boeing’s $21 billion B-52 upgrade faces cost overruns, delays, GAO says