Jefferies analyst Sheila Kahyaoglu maintains $Boeing (BA.US)$ with a buy rating, and maintains the target price at $200.
According to TipRanks data, the analyst has a success rate of 59.9% and a total average return of 11.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Boeing (BA.US)$'s main analysts recently are as follows:
Boeing has improved its financial stability, where concerns of an overstretched balance sheet are now alleviated, while projections for its free cash flow have become far more viable. The introduction of new executive leadership is anticipated to drive significant reforms needed within the corporation. Moreover, the adjustments to MAX production are well-positioned to aid in ramping up effectively. The potential for stock growth is now anticipated to largely hinge on the sustained positivity in production and delivery figures, which Boeing is set to showcase in 2025.
The revenue outlook for Defense and IT services appears balanced and currently lacks positive catalysts. The favored sector into 2024 remains Commercial Aero, with a continuing preference into 2025 for names that are heavy in the aftermarket.
Note:
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