Buckingham Remains Tactically Bullish on Boeing (BA)

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September 27, 2019 8:55 AM UTC
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Price: $231.11 +4.08%

Rating Summary:
    29 Buy, 13 Hold, 4 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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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.


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