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UBS Reiterates Buy Rating on Boeing (BA)

July 23, 2024 6:48 AM EDT

UBS analyst Gavin Parsons reiterated a Buy rating and $240.00 price target on Boeing (NYSE: BA).

The analyst comments "Dreamlifter flights, tracked by UBS Evidence Lab, historically have a close correlation to 787 production rates. Boeing transports structural pieces of the 787 in these modified 747 cargo planes, with the 787 now exclusively assembled at Charleston. In the... More