Goldman Sachs Boosts Price Target On Boeing (BA)

January 23, 2012 3:03 PM EST
Get Alerts BA Hot Sheet
Price: $231.67 +0.58%

Rating Summary:
    32 Buy, 12 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs earlier today raised its price target on Conviction Buy List-rated Boeing (NYSE: BA) from $88 to $97 ahead of earnings on 1/25.

The firm said the lackluster performance in the stock year-to-date may suggest weak guidance for 2012. On this they said a weak guide is now likely very well understood, and anything short of a shocking low number and the stock goes up.

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 $75.52 yesterday.


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Goldman Sachs Conviction Buy List, Goldman Sachs, Earnings