Analyst sets date when Boeing stock will hit $260

Bank of America has upgraded Boeing (NYSE: BA) to a Buy rating from Neutral, raising its price target to $260, a Street-high projection from the previous$185. The call comes as Boeing begins to regain momentum across global markets, buoyed by geopolitical tailwinds and a shift in its strategic perception.Ronald Epstein, aerospace analyst at BofA, sees recent international aircraft deals as signaling a broader political trend. “Boeing aircraft have emerged as the favored trade tool for the Trump Administrat ...