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The Boeing Company Message Board

  • mister_green_genes mister_green_genes Aug 8, 2011 10:38 AM Flag

    Boeing Upped To Conviction Buy

    Goldman Sachs has published a report on the Boeing Company (NYSE: BA) evaluating the recent quarter at the aerospace manufacturer.
    In the report, Goldman Sachs wrote, "We add Boeing to the Americas Conviction List. We continue to favor BA for all the reasons that have driven our Buy rating to date: late-cycle orientation, largest exporter in the US, it is the middle of an order cycle, the 787 product cycle (and associated large R&D tailwind), need to catch up on last cycle's intentional undersupply of the market, and upside to consensus."
    Goldman Sachs rated Boeing a BUY with a price target of $86.00. Boeing closed Friday at $62.75.

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