Tue Jan 21 15:20:00 UTC 2025: **Boeing Stock Up 1.3% Despite Mixed Analyst Ratings**

**NEW YORK, NY – February 27, 2024** – Shares of Boeing (NYSE: BA) rose 1.3% on Monday, closing at $171.14 after trading as high as $171.77. Trading volume exceeded the average, indicating increased investor activity. This follows a period of mixed signals from analysts.

While some firms, including Barclays, upgraded Boeing’s rating and price target, others lowered their outlooks. Robert W. Baird reduced its target price to $200, Wells Fargo & Company set an underweight rating with a reduced price objective of $85, and DZ Bank downgraded the stock to a hold. Despite these varying opinions, the consensus rating remains a “Moderate Buy” with a target price of $192.21, according to MarketBeat.com.

Boeing’s recent quarterly earnings report revealed a loss per share of ($10.44), slightly missing analyst expectations. Revenue of $17.84 billion was marginally above projections, but down year-over-year.

Institutional investors have been active, with several firms increasing their holdings in Boeing during the third quarter, including State Street Corp, Geode Capital Management LLC, Jennison Associates LLC, Fisher Asset Management LLC, and Legal & General Group Plc. Currently, institutional investors hold 64.82% of Boeing’s stock.

MarketBeat notes that while Boeing holds a “Moderate Buy” rating, other stocks are considered better buys by top-rated analysts. The full report can be accessed on MarketBeat’s website.

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