JPMorgan Upgrades Boeing, Sees Huge Upside

• JPMorgan analyst Seth Seifman upgraded Boeing Co (NYSE: BA) to Overweight from Neutral and raised the price target to 5 (an upside of 21.38%), from $260.

• Seifman says the shares have a "fairly defined catalyst path," and the first, China's MAX certification, "is now in view."

• Further, Boeing's position at the center of global air travel "offers confidence that it will recover financially over time, and we believe risk-reward now skews favorably," says the analyst.

• Seifman admits the upgrade "maybe early" and that he's "prepared for a slog."

• Also read, Why This Investor Bought Shares Of Boeing.

• Price Action: BA shares are trading higher by 1.99% at $231.12 during the pre-market session on Thursday.

Latest Ratings for BA

Nov 2021	JP Morgan	Upgrades	Neutral	Overweight
Nov 2021	Wells Fargo	Upgrades	Equal-Weight	Overweight
Oct 2021	Wells Fargo	Maintains		Equal-Weight

View More Analyst Ratings for BA
View the Latest Analyst Ratings

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