Analysts Offer Insights on Technology Companies: and Boeing (BA)
Analysts fell to the sidelines weighing in on and Boeing (BA) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Cowen & Co. analyst Cai Rumohr maintained a Hold rating on Boeing on September 16 and set a price target of $150.00. The company’s shares closed last Thursday at $146.05.
According to TipRanks.com, Rumohr is a 4-star analyst with an average return of 5.8% and a 56.9% success rate. Rumohr covers the Technology sector, focusing on stocks such as Smith & Wesson Brands, Science Applications, and Caci International.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Boeing with a $191.13 average price target, a 27.2% upside from current levels. In a report released yesterday, Wolfe Research also upgraded the stock to Hold.
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