Boeing Co (NYSE:BA, ETR:BCO) has earned an upgrade from Bank of America “Buy” from “Neutral,” with analysts citing growing confidence in the aerospace giant's turnaround under CEO Kelly Ortberg and its emerging role as a favored asset in U.S. trade negotiations. “Under Kelly's leadership, we are more confident BA can break the ‘doom loop,'” BofA analysts wrote in a note titled Sisyphus on the path to breaking the 'doom loop'.
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.
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.
Emirates President Tim Clark discusses air travel demand and supply chains amid the uncertainty around tariffs. He also shares his views on the carrier's relationship with Boeing and passenger numbers to the US.
Emirates President Tim Clark said he was seeing a greater degree of determination from Boeing to resolve its many issues under a recently appointed CEO, and management had indicated cautious optimism over its recovery in discussion with Emirates.
The Department of Justice has reportedly informed victims' families of two fatal Boeing 737 MAX8 aircraft crashes that it is dismissing criminal fraud charges against the airplane manufacturer.
Boeing is eyeing approvals for significantly higher production of the 737 MAX in 2025 after US authorities allowed increased output on the 787 plane, the company's CEO said Thursday.
Shares of Boeing (BA) jumped Thursday after CEO Kelly Ortberg said that aircraft deliveries to China will start again next month.
Boeing Co (NYSE:BA, ETR:BCO) shares moved higher after the airplane manufacturer's CEO Kelly Ortberg announced plans to up production of 737 MAX aircraft. Speaking at a Bernstein conference on Thursday, Ortberg outlined a strategy to increase production from the mid-30s per month to 42 by midyear and ultimately to 47 per month by the end of 2025.
The Boeing Company (NYSE:BA ) Bernstein 41st Annual Strategic Decisions Conference May 29, 2025 10:00 AM ET Company Participants Kelly Ortberg - CEO Conference Call Participants Doug Harned - Bernstein Doug Harned Okay. Good morning.
The U.S. Federal Aviation Administration on Thursday said it would extend by three years a program that allows Boeing to perform some tasks on the agency's behalf.
Boeing's airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said.