Boeing (BA) Gets a Buy Rating from Credit Suisse


Credit Suisse analyst Robert Spingarn maintained a Buy rating on Boeing (BA) on December 17 and set a price target of $456. The company’s shares closed yesterday at $328.06.

According to TipRanks.com, Spingarn is a 5-star analyst with an average return of 13.7% and a 62.4% success rate. Spingarn covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, Transdigm Group Inc, and L3 Technologies Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Boeing with a $417.50 average price target, implying a 27.3% upside from current levels. In a report issued on December 3, Robert W. Baird also reiterated a Buy rating on the stock with a $450 price target.

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The company has a one-year high of $394.28 and a one-year low of $293.01. Currently, Boeing has an average volume of 4.19M.

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