There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Boeing (BA – Research Report) and Spire Global (SPIR – Research Report) with bullish sentiments.
Boeing (BA)
In a report released today, Gavin Parsons from UBS maintained a Buy rating on Boeing, with a price target of $275.00. The company’s shares closed last Tuesday at $180.57, close to its 52-week low of $176.25.
According to TipRanks.com, Parsons is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Boeing with a $261.21 average price target, a 45.0% upside from current levels. In a report issued on March 14, Citi also assigned a Buy rating to the stock with a $263.00 price target.
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Read More on BA:
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- Virgin Australia pushes back plans for new Boeing aircraft, SMH reports
- United flight lands safely missing an external panel, NY Times reports
- Boeing 737 MAX engine issue will take up to a year to fix, CBS News reports
