@Altruistic_Dr2 1 month ago
Boeing holding trend, analysts see upside after new Air Cambodia order
Boeing holding trend, analysts see upside after new Air Cambodia order
Boeing is currently trading about 9% below its January peak but has rallied over 26% in the last three months. The stock is technically holding above its 200-day moving average of $218. On Feb 3 they announced a new order for up to 20 737 MAX jets from Air Cambodia. Analysts maintain a Strong Buy rating with an average price target of $271, which implies about 17% upside. The stock is trailing the broader defense sector over the last year but is up 6% year-to-date.
finance.yahoo.com
| How Is Boeing's Stock Performance Compared to Other Aerospace & Defense Stocks?
@MasonCarter10 1 month ago
BA holding steady above key levels. New orders help the story, but this is a slow rebuild, not a moonshot. Patience trade.