UPDATE: Stifel Nicolaus Upgrades Boeing Company to Buy; Price Decline Overdone - Boeing (NYSE:BA)

27% profit every 20 days?

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Stifel Nicolaus raises its rating on Boeing Company (NYSE: BA) from Hold to Buy and establishes a $80 price target on shares. Stifel Nicolaus comments, "The overall market may be weak, but we think there is strength in the aerospace cycle. Boeing management's reaffirmation of build rate increases through 2014 is a positive. Following Friday's price decline to a level we believe represents an attractive entry point, we are raising our rating to Buy from Holdand establishing a target price of $80."BA closed at $67.24 on Friday.

27% profit every 20 days?

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