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Wolfe Research Upgrades Boeing Stock to Strong-Buy

Guavy AI Editorial Team
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BA
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Wolfe Research upgraded Boeing (NYSE:BA) stock to Strong-Buy from Hold, Zacks reports. This upgrade follows other recent positive analyst calls on the company.

Argus raised its rating of Boeing to Buy from Hold with a $265.00 price target in August. Bank of America reiterated its Buy rating and $270.00 price objective on shares in September.

Despite these upgrades, production issues remain a concern for Boeing. The company is experiencing wing-shop flow problems that are affecting 737 production rates.

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