- UBS analyst Myles Walton lowered Boeing Co's 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 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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