Boeing price target raised to $245 from $240 at JPMorgan

JPMorgan raised the firm’s price target on Boeing (BA) to $245 from $240 and keeps an Overweight rating on the shares as part of its aerospace and defense outlook for 2026. The outlook for sector remains mostly positive into 2026, the analyst tells investors in a research note. In aerospace, JPMorgan expects strong demand and a gradual supply increase to drive “visible growth.” The outlook for defense is “more nuanced,” the firm adds.