Boeing July deliveries hold decent pace, Chinese resumption expected soon: BofA

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Boeing (BA) PT Raised to $220 at RBC Capital

August 1, 2024 6:32 AM EDT

RBC Capital analyst Ken Herbert raised the price target on Boeing (NYSE: BA) to $220.00 (from $210.00) while maintaining a Outperform rating.

The analyst comments "Boeing (BA) reported largely in-line 2Q24 results, with a FCF usage of ($4.3B) and total segment margins of (4.5%). The defense... More