UBS Lowers Boeing's Price Target to $290


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


  • UBS analyst Myles Walton lowered Boeing Co's (NYSE:BAprice target to $290 (implying an upside of 35.3%) from $310 and maintained a Buy rating on the shares. 
  • Walton says the still halted 787 Dreamliner deliveries prompt further estimate cuts but that "expectations remain bottomed out."
  • Recently, European budget airline Ryanair Holdings Plc (NASDAQ:RYAAYended talks with Boeing about a potential new order worth billions of dollars for the 737 MAX 10 jets due to differences in pricing.
  • Price Action: BA shares are trading lower by 1.69% at $214.49 on the last check Tuesday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: Analyst ColorNewsPrice TargetReiterationAnalyst RatingsAircraftsBriefs