Boeing (NYSE: BA) Maintains "Buy" Rating with Increased Price Target

Core Viewpoint - Boeing is experiencing improved operational performance and increased commercial production stability, despite facing cash flow challenges due to delayed certifications and previous delivery disruptions [2][6]. Group 1: Stock Performance and Ratings - Cowen & Co. maintains a "Buy" rating for Boeing, raising the price target from $260 to $270, indicating confidence in the company's future performance [1][6]. - Boeing's stock price is currently $244.56, having decreased by 1.56% or $3.87 [4]. - The stock has fluctuated between a low of $238.75 and a high of $254.35 today, with a market capitalization of approximately $191.51 billion [5]. Group 2: Operational Highlights - Boeing reported record backlogs in its recent earnings call for Q4 2025, which is a positive sign for future revenue [2][6]. - In 2025, Boeing increased its commercial production, delivering the highest number of commercial airplanes since 2018, as part of a safety and quality plan [4]. Group 3: Management Strategy - President and CEO Kelly Ortberg emphasized Boeing's commitment to a turnaround, outlining a four-point plan to stabilize the business, execute development programs, change company culture, and build a new future [3][6].