Goldman Sachs has published a report on the Boeing Company BA evaluating the recent quarter at the aerospace manufacturer.
In the report, Goldman Sachs wrote, "We add Boeing to the Americas Conviction List. We continue to favor BA for all
the reasons that have driven our Buy rating to date: late-cycle orientation, largest exporter in the US, it is the middle of an order cycle, the 787 product cycle (and associated large R&D tailwind), need to catch up on last cycle's
intentional undersupply of the market, and upside to consensus."
Goldman Sachs rated Boeing a BUY with a price target of $86.00. Boeing closed Friday at $62.75.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in