Analysts at London-based multinational bank Barclays are speculating that Boeing’s stocks could be on the uptick to recovery this year.
According to a Barron’s report, analysts led by Barclays managing director David Strauss recently upgraded Boeing shares from “equal weight” to “overweight” status and lifted its price target from $190 to $210. The analysts wrote that in a best-case scenario, Boeing’s stock could skyrocket anywhere between $270 to $290 per share if the company can speed up production and delivery for its 737 Max and 787 jets.
