Morgan Stanley raised the firm’s price target on Boeing to $255 from $220 and keeps an Equal Weight rating on the shares. Boeing had strong momentum in Q4, and Morgan Stanley continues to see tactical buying opportunity for Boeing in the near-term as lack of bad news is good news, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on BA: