Bernstein Upgrades Boeing, Spirit AeroSystems And Airbus - Read Why - Airbus (OTC:EADSF), Spirit AeroSystems Hldgs (NYSE:SPR), Airbus (OTC:EADSY), Boeing (NYSE:BA)

Bernstein analyst Douglas Harned upgraded Boeing Co BA to Outperform from Market Perform and raised the price target to $279, from $252, implying an upside of 27.7%.
Spirit AeroSystems Holdings, Inc. SPR upgraded to Outperform from Market Perform, and the price target raised $66, up from $53, implying an upside of 53.1%.
Airbus SE EADSY upgraded to Outperform from Market Perform, and PT raised to €142 from €121.
Harned believes "we are finally heading to the inflection point for global travel."
He further adds that the investment story "is not totally clean," but it is heading in the right direction.
He upgraded Airbus, Boeing, and Sprit on an increased traffic and capacity forecast and raised delivery outlooks.
Price Action: BA shares are trading higher by 2.72% at $224.36, while SPR is trading higher by 3.67% at $44.74 during the premarket session on Wednesday.

Bernstein Upgrades Boeing, Spirit AeroSystems And Airbus - Read Why