Boeing (BA) Stock Rises Amid Analyst Upgrades

Jan 06, 2025

Boeing (BA, Financial) shares experienced a significant pre-market rise of 1.91%, reaching $173.14. This uptick comes despite recent incidents involving Boeing aircraft. Analysts have shown renewed confidence in the company's prospects, with Barclays Capital upgrading Boeing's rating from "equal weight" to "overweight." Additionally, Deutsche Bank has increased its target price for Boeing from $184 to $215, maintaining a "buy" rating. These upgrades suggest a positive outlook for Boeing, as analysts anticipate recovery and growth potential for the aerospace giant.

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