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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

RBC Reiterates Outperform Rating on The Boeing Company (BA), Raises PT to $230

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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83% Informative

RBC Capital Markets maintained an Outperform rating on Boeing and lifted the price target from $200 to $230 .

Analyst Ken Herbert noted positive solid market sentiment ahead of an upcoming airshow and a solid estimate for future free cash flow as the primary contributors to Boeing ’s stock performance.

Despite the favorable outlook, the capacity of the supply chain to maintain larger production rates poses a huge risk.

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