BofA analyst Ronald Epstein raised the firm’s price target on Boeing (BA) to $190 from $165 and keeps a Neutral rating on the shares. His higher target mainly reflects more positive sentiment on Commercial Aero since the investor day in early November turned out to be "a pleasant surprise," noting a reported potential 100 plane order from United (UAL) for 787s and the expectation for the 737-7 and 737-10 to ultimately get Congress’ approval. However, he keeps a Neutral rating on the shares as he thinks there are some execution challenges ahead, the analyst noted.
Published first on TheFly
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