Boeing Stock Surges 2.8%, Analysts Maintain Moderate Buy Rating
The stock price of Boeing (NYSE:BA) increased by 2.8% during trading on Friday, reaching as high as $211.62 and last trading at $210.5660.
According to data from MarketBeat, the company currently has a consensus rating of 'Moderate Buy' and an average target price of $272.58.
In recent analyst reports, Cantor Fitzgerald downgraded shares of Boeing to a 'neutral' rating, while Royal Bank Of Canada decreased their target price on shares of Boeing from $275.00 to $265.00 with an 'outperform' rating.
However, Wolfe Research lowered Boeing from an 'outperform' rating to a 'hold' rating in a report on Tuesday, August 11th.