Boeing Co (NYSE:BA) is one of the 12 Best Dow Stocks to Invest In Right Now.
During the last few trading sessions, Boeing Co (NYSE:BA) stock has seen positive momentum
On July 1, Citi analyst John Godyn assigned a Buy rating to Boeing Co (NYSE:BA) and set a target price of $260. The analyst’s price target suggests a further 14.7% upside, which sits just below the median Wall Street analyst upside of 21.4%. On July 2, the Government Accountability Office, in its annual assessment of US weapons programs, said Boeing has reduced some of the technical challenges that have delayed its delivery of two jets that will serve as Air Force One.
The company is expected to deliver the first modified jet by 2028. It has improved several key areas, including the aircraft’s environmental control system, cabin pressure issues, and the hiring and retention of more qualified mechanics. However, the planes still need more detailed work, including final interior designs for the aircraft, wiring, installation, and fixing structural defects.