FMP
May 7, 2025 9:09 PM - Gordon Thompson
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Boeing (NYSE:BA) is a leading aerospace company known for manufacturing commercial jetliners, defense, space, and security systems. It competes with companies like Airbus in the commercial aircraft sector. On May 7, 2025, Cowen & Co. maintained its "Buy" rating for Boeing, with the stock priced at $185.52. This reflects confidence in Boeing's market position and future prospects.
TD Cowen analyst Gautam Khanna also supports this positive outlook by raising Boeing's price target from $180 to $200. This suggests an expectation of growth in Boeing's stock value. The current stock price is $185.56, showing a slight decrease of 0.22% or $0.40. Despite this minor dip, the raised price target indicates potential for future gains.
Boeing's stock has shown volatility, trading between $183.50 and $186.70 today. Over the past year, it has reached a high of $196.95 and a low of $128.88. This range highlights the stock's fluctuations, yet the "Buy" rating suggests confidence in its upward trajectory. The company's market capitalization is approximately $139.9 billion, reflecting its significant presence in the aerospace industry.
Today's trading volume for Boeing is 5,355,022 shares on the NYSE. This level of activity indicates strong investor interest and engagement with the stock. The combination of a maintained "Buy" rating and an increased price target from TD Cowen suggests that Boeing is positioned for potential growth, despite recent price fluctuations.
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