The Boeing Company (NYSE:BA) is one of the top American defense stocks recommended by Wall Street analysts. Jefferies raised its price target on BA to $295 from $290, maintaining a Buy rating after the company’s Q4 results beat expectations. Revenue grew 57% to $23.95 billion, with earnings per share at $10.23 compared to a loss last year.

Boeing’s return to profitability was boosted by the sale of Jeppesen for $10.6 billion, along with strong aircraft production and positive free cash flow. However, without the sale, losses in Commercial Airplanes and Defense, Space & Security divisions would have exceeded forecasts. The company also won a $262 million contract to build four MH-139A helicopters for the U.S. Air Force.

Boeing (NYSE:BA) is a leading aerospace company, producing commercial airplanes, space systems, and defense equipment worldwide. Despite its potential as an investment, some believe other AI stocks offer better upside potential and lower risk. Investors looking for undervalued AI stocks should consider other options.

No promotional or marketing information included in the news article.

Read more at Yahoo Finance: Jefferies Reiterates Buy on The Boeing Company (BA) Following Q4 Results