The exterior of a 787 Dreamliner at the Boeing manufacturing facility in North Charleston.
Logan Cyrus/AFP via Getty Images
The commercial aerospace recovery is set to continue in 2024, which has Wall Street warming to
Boeing
stock.
Boeing
shares have picked up another Buy rating. The stock can rise another 25% in the coming year after a solid 2023.
RBC analyst Ken Herbert upgraded
Boeing
stock to the equivalent of Buy from Hold. His price target was raised to $275 from $200 a share.
Boeing stock was up 1.9% in premarket trading at $223.50 a share while
S&P 500
futures were down 0.1% and
Dow Jones Industrial Average
futures were flat. Herbert’s target is about 25% higher than recent levels.
“After another…
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