From Financial Modeling Prep: 2025-06-02 16:11:00

BofA Securities upgraded Boeing (NYSE:BA) to Buy from Neutral, raising its price target to $260 from $185 due to improving fundamentals and strategic importance in global trade deals. Recent international aircraft deals indicate Boeing jets are becoming a preferred bargaining chip in trade negotiations, potentially benefiting the aerospace giant long term.

Boeing’s backlog historically hasn’t influenced BofA’s valuation outlook, but recent developments have changed the narrative. Deals in the UK, Qatar, UAE, and China show Boeing’s growing importance in global trade negotiations. This trend, along with internal progress like production stabilization and cost reductions, signal to BofA that Boeing is on the right track.

In addition to trade tailwinds, BofA highlighted Boeing’s internal progress, including production stabilization, cost carve-outs, and a more cohesive strategic focus. These factors indicate to the firm that Boeing is making positive strides, presenting an attractive entry point for investors looking to capitalize on the aerospace giant’s potential growth.



Read more at Financial Modeling Prep:: Boeing Gets Lift From BofA Upgrade on Trade Moment…