Citi raised the firm’s price target on Boeing (BA) to $270 from $220 and keeps a Buy rating on the shares. The firm previewed the Q2 earnings in the aerospace and defense sector, saying momentum continues across the group.
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Read More on BA:
- Boeing price target raised to $282 from $249 at Bernstein
- Positive Outlook for Boeing: Increased Production Rates and Strong Defense Funding Support Buy Rating
- FAA, Boeing notify fuel switch locks on Being planes are safe, Reuters reports
- Boeing higher after India crash report shows fuel supply cut off
- Jefferies aerospace/defense analysts hold an analyst/industry conference call
