RBC Capital Sticks to Boeing Buy Rating Amid Mixed Views

RBC Capital analyst Kenneth Herbert has reaffirmed his Buy rating for Boeing (BA), setting a price target of $265.00.

This is in line with a similar recommendation from Jefferies's Sheila Kahyaoglu, but contradicts Morgan Stanley's Hold rating on the company.

Boeing's latest earnings release showed a quarterly revenue of $24.56 billion and a GAAP net loss of $444 million for the quarter ending June 30.

Corporate insider activity has been positive in recent months, with an increase in insiders buying shares compared to earlier this year.