Analyst Kristine Liwag from Morgan Stanley maintained a Hold rating on Boeing and keeping the price target at $235.00.
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Kristine Liwag has given her Hold rating due to a combination of factors impacting Boeing’s financial outlook. The acknowledgment of delays in the 777X program has shifted investor sentiment, with a potential $4 billion charge looming as a short-term event that could clear uncertainties. However, the long-term implications on cash flow remain a concern, potentially pressuring the bullish case for Boeing’s stock.
Despite the recent positive momentum from improved 737 MAX and 787 deliveries, the market’s reaction to the 777X delays has been cautious, leading to Boeing’s stock underperforming the S&P 500. While consensus remains largely optimistic, Liwag maintains an Equal-weight rating, reflecting a balanced view of risks and rewards, and sustains a price target of $235, considering the uncertainties surrounding the 777X program.
According to TipRanks, Liwag is a 5-star analyst with an average return of 15.0% and a 65.43% success rate. Liwag covers the Industrials sector, focusing on stocks such as HEICO, RTX, and Curtiss-Wright.
In another report released on September 18, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $209.00 price target.