BNP Paribas Boosts Boeing to Buy Rating with Upgrade from Analyst Matthew Akers

BNP Paribas has upgraded its rating for Boeing (BA.US) to 'Buy' from its previous rating. The change in rating was made by analyst Matthew Akers, who has a success rate of 76.7% and an average return of 25.5% over the past year according to TipRanks data.

TipRanks is a third-party service that provides analysis data from financial analysts and calculates their performance based on their recommendations. The company uses this data to provide a ranking system, with five stars indicating the best performers and one star indicating the worst. In Matthew Akers' case, he has a 4-star rating.

The upgrade to 'Buy' suggests that BNP Paribas believes Boeing's stock price will increase in value. However, it is essential to note that this is only a recommendation from an individual analyst and not a guarantee of future performance.