Boeing’s Strong Market Position and Growth Potential Justifies Buy Rating by Sheila Kahyaoglu

Analyst Sheila Kahyaoglu of Jefferies maintained a Buy rating on Boeing (BA – Research Report), retaining the price target of $230.00.

Sheila Kahyaoglu has given her Buy rating due to a combination of factors that highlight Boeing’s strong market position and future growth potential. One significant factor is the recent deal with Qatar Airways, which involves the purchase of 160 Boeing jets. This agreement not only strengthens Boeing’s order backlog but also underscores the company’s robust relationships in the Middle East, a key market for aerospace and defense.
Additionally, Boeing’s current backlog of over 6,000 aircraft, which translates to nearly eight years of production at expected rates, provides a solid foundation for future revenue streams. The company’s production ramps and certification timelines, particularly for the 777X, further support its long-term growth outlook. These elements collectively contribute to Kahyaoglu’s optimistic view of Boeing’s stock, justifying the Buy rating.

In another report released today, TD Cowen also maintained a Buy rating on the stock with a $230.00 price target.

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BA in relation to earlier this year.