Ieq Capital LLC Invests Heavily in Boeing Stock Amid Mixed Analyst Sentiment
Ieq Capital LLC has made a significant investment in Boeing Company's stock. In its recent Form 13F filing, the company disclosed that it purchased 138,120 shares of Boeing's stock during the second quarter, valued at approximately $29,899,000.
This is not an isolated instance of institutional investors buying into Boeing. Several other companies, including Callan Family Office LLC, Manhattan West Asset Management LLC, and Keebeck Wealth Management, have also made new investments in Boeing's stock this quarter.
Wall Street analysts remain divided on Boeing's prospects. While Tigress Financial upgraded its target price for the company from $295 to $305, Wolfe Research downgraded it from 'outperform' to 'hold'. The consensus rating among analysts is 'moderate buy', with an average target price of $272.58.