Cowen & Co. Sticks to Its Buy Rating for Boeing (BA)

In a report released today, Cai Rumohr from Cowen & Co. maintained a Buy rating on Boeing (BAResearch Report), with a price target of $460. The company’s shares opened today at $355.42.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 14.5% and a 70.7% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, L3 Technologies Inc, and Spirit AeroSystems.

Boeing has an analyst consensus of Moderate Buy, with a price target consensus of $429.13, implying a 20.7% upside from current levels. In a report issued on June 4, UBS also maintained a Buy rating on the stock with a $500 price target.

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The company has a one-year high of $446.01 and a one-year low of $292.47. Currently, Boeing has an average volume of 7.71M.

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