Vertical Research Upgrades Boeing To Buy, Lifts Price Target To $270

Group 1 - Vertical Research Partners upgraded Boeing Co. from Hold to Buy and set a price target of $270, citing easing supply chain issues and signs of the aerospace cycle entering a mid-phase [1][2] - Airline revenue passenger mile growth is stabilizing at around 5%, indicating a positive trend for the industry [1] - Supply chain disruptions affecting original equipment manufacturers are showing signs of improvement, supporting a more balanced stance between aftermarket and OEM exposure [1] Group 2 - Boeing is described as one of the sector's most prominent OEM names, highlighting its favorable positioning for the next phase of the aerospace cycle [2]