UBS Lowers Boeing's Price Target to $290

  • 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.
Loading...
Loading...
BA Logo
BABoeing Co
$229.00-0.87%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
85.63
Growth
24.66
Quality
N/A
Value
28.00
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Comments
Loading...