D.A. Davidson Raises Boeing PT To $80

D.A. Davidson raised its Boeing (NYSE: BA) price target from $75 to $80 in a research report published today. D.A. Davidson has a Neutral rating on Boeing.

In the report, D.A. Davidson states, "2012 should represent a good cash flow year for Boeing as inventory is reduced, deliveries increase and deposits are received on newly ordered planes."

Shares of Boeing were trading at $71.91 at the time of posting, up 1.42% from Monday's market close.