UBS lowered the firm’s price target on Boeing to $275 from $325 and keeps a Buy rating on the shares following the quarterly results. A lot of caution remains in the stock price, but UBS sees the pullback in shares as a buying opportunity for investors willing to focus on the medium-term, the analyst tells investors in a research note. Boeing remains aligned with its stakeholders, the firm adds.
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Read More on BA:
- Boeing Company Reports Earnings: Did it Beat Estimate Forecasts?
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- Boeing Reports Fourth Quarter Results
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- Boeing delivered 157 commercial airplanes, recorded 611 net orders in Q4