Boeing Stock Just Got a New ‘Buy’ Rating. Why It’s Nothing to Get Excited About.

Boeing stock needs all the help it can get, but although it looks as if the aerospace company has picked up a new backer on Wall Street, it hasn’t.

Thursday evening, RBC analyst Ken Herbert launched coverage of Boeing (ticker: BA) with a Buy. “Cyclical tailwinds offset near term headwinds,” wrote Herbert. His target for the stock price is $275.


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