Stocks
Boeing Stock Rises Despite Jefferies' Cautious View
Boeing stock rose by 1.2 percent on September 21, 2026, to USD 200.60 following a price target reduction from Jefferies.
The investment firm lowered its Boeing price target from USD 295 to USD 265 while maintaining a Buy rating.
Jean Sterrett, presumably at Jefferies, cited wider losses in Commercial Airplanes as the reason for the reduced estimate.
Jefferies' revised 2026 free cash flow estimate is USD 2.2 billion, down from USD 2.9 billion, and it expects a third-quarter loss of USD 0.55 per share versus a consensus loss of USD 0.11.