Boeing Stock Pops on Upgrade, Street-High Price Target

Boeing Co (NYSE:BA) stock is up 1.3% at $209.80 at last glance, after BofA Securities upgraded the stock to “buy” from “neutral” and hiked its price target to a Street-high$260 from $185. The analyst cited recent aircraft orders from the U.K. and Middle East, along with easing trade tensions with China, as signs Boeing could benefit from President Donald Trump’s evolving trade policy. Fresh off its eighth weekly win in 10, BA is now up 19.4% year-to-date. The equity is approaching its May 29, more than 52- ...