UBS Lowers Boeing's Price Target to $290
- UBS analyst Myles Walton lowered Boeing Co's (NYSE: BA) price 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: RYAAY) ended 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.
Latest Ratings for BA
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 2022 | Cowen & Co. | Maintains | Outperform | |
| Jan 2022 | Jefferies | Maintains | Buy | |
| Jan 2022 | Morgan Stanley | Maintains | Overweight |
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Posted-In: Aircrafts BriefsAnalyst Color News Price Target Reiteration Analyst Ratings
