In a report released today, Richard Safran from Buckingham maintained a Hold rating on Boeing (NYSE: BA), with a price target of $324. The company’s shares closed on Friday at $356.72, close to its 52-week high of $371.60.
According to TipRanks.com, Safran is ranked #3714 out of 4817 analysts.
Boeing has an analyst consensus of Moderate Buy, with a price target consensus of $393.
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Based on Boeing’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $23.38 billion and net profit of $2.47 billion. In comparison, last year the company earned revenue of $20.98 billion and had a net profit of $1.45 billion.
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