From MarketBeat:



Meridian Wealth Management LLC holds 24,776 shares of The Boeing Company stock after increasing its position by 86.8% in the third quarter, with a value of $4,749,000. A number of hedge funds have also modified their holdings of the stock. Analysts have given Boeing a consensus rating of “Moderate Buy” and a consensus price target of $258.12. Recently, shares of Boeing stock have traded down by 0.6% to $260.44. The company reported ($3.26) earnings per share for the quarter, with the expectation to post -5.98 EPS for the year.

Boeing is a global company and operates through four segments: Commercial Airplanes; Defense, Space & Security; Global Services; and Boeing Capital. The stock is expected to perform well according to top-rated analysts. Despite its “Moderate Buy” rating among analysts, top-rated analysts believe that there are better stocks to buy than Boeing.

Boeing’s stock has been trading on the New York Stock Exchange under the ticker symbol BA.



Read more: The Boeing Company (NYSE:BA) Shares Acquired by Meridian Wealth Management LLC