Boeing shares should be bought aggressively below $120, says Sterne Agee

February 4, 2014

Sterne Agee believes that Boeing's January deliveries were in-line with expectations, but the firm expects the company's deliveries to accelerate during the remainder of the quarter. The firm recommends buying the stock very aggressively if it falls below $120. Sterne Agee thinks the pullback in the stock has created an attractive entry point for long-term investors, and it keeps a Buy rating on the shares.