Boeing Presses Survival Mode; Analysts Weigh In

The promise of a $2 trillion stimulus program was received with widespread relief across Wall Street, none more so than by investors of beleaguered airline Boeing (BA). BA stock jumped over 60% in the past 3 trading sessions. Yet, even following the surge, Boeing’s share price is down by 50% year-to-date. So, following months of the stock’s decline, is Boeing finally on the mend?Jefferies Sheila Kahyaoglu believes there are better days ahead for the A&D giant. The 5-star analyst maintains a Buy on Boeing, along with a price target of $185, which implies nearly nearly 16% upside from current levels. …read more

Source:: Yahoo Finance

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