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Boeing (NYSE:BA) shares are trading higher on Monday, after Seaport Global initiated coverage on the company's stock with a Buy rating and announced a $277 price target.
The airline sector was one of the most affected sectors due to lower travel demands caused by the pandemic. A number of airlines are expected to recommence international flights in June.
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Boeing shares were trading up 12.21% at $230.38 on Monday. The stock has a 52-week high of $391 and a 52-week low of $89.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.