Susquehanna raises target on Boeing(BA:NYE) to $275 from $220

STA Research
by: STA Research

Susquehanna’s analyst, Charles Minervino raised his target on Boeing(BA:NYE) to $275 from $220 and maintained the Positive rating. The increase comes as the FAA after 2 years gives the 737 Max re-certification and positions the company to resume delivering new aircraft as soon as the current quarter.

STA Research has a average target of $194 on the stock, and a consensus Buy rating.  The technical indicator currently is slightly bearish.

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