William Blair analyst Louie DiPalma has maintained their bullish stance on BA stock, giving a Buy rating on September 18.
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Louie DiPalma has given his Buy rating due to a combination of factors including regulatory developments and production capacity improvements. The FAA’s decision to allow Boeing to conduct final safety checks for the B737 MAX and B787 Dreamliner on alternating weeks is expected to accelerate the pace of aircraft deliveries, which is a positive indicator for the company’s future performance.
Additionally, there are indications that the FAA may lift the production cap, allowing Boeing to increase its 737 MAX production from 38 to 42 aircraft per month. This aligns with Boeing’s management’s plans to reach this production level by the end of 2025, suggesting a strong growth trajectory. These factors collectively support a favorable outlook for Boeing, justifying the Buy rating.
In another report released on September 18, Bank of America Securities also maintained a Buy rating on the stock with a $270.00 price target.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is neutral on the stock.