Jefferies Reiterates Buy Rating on Boeing (BA)

Jefferies analyst Shelia Kahyaoglu reiterated a Buy rating and $255.00 price target on Boeing (NYSE: BA).

The analyst comments "Turkish Airlines placed firm orders for 50 787s + 25 options and intent to purchase up to 150 737 MAXs as part of the long awaited order w/ BA after ordering 220 Airbus aircraft (150 A321s + 70 A350s) in 2023. Engine negotiations remain ongoing. Turkish Airlines' 2033 Vision expands the fleet to 800 aircraft, w/ 388 in fleet (500 w/ Ajet) and >500 orders & options (4 777Fs, 81 787s, 150 MAXs, 190 A321s, 5 A350Fs, 61 A350-900s, 15 A350-1000s)."

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 $213.53 yesterday.

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