Is Boeing Stock Going to $240? One Wall Street Analyst Thinks So.
BABoeing(BA) The Motley Fool·2024-09-17 18:05

The aerospace giant faces an extended strike, but it's in everybody's interest to resolve it as soon as possible.Boeing (BA -0.78%) got more bad news this week. Its unresolved negotiations with the International Association of Machinists and Aerospace Workers (IAM) threaten the company's cash situation and could lead it to raise funding or even resort to layoffs.Despite the uncertainty, a UBS analyst recently maintained a buy rating on the stock and a 240target.Sharescurrentlytradearound240 target. Shares currently trade around 155.Boeing f ...