Bank of America keeps Boeing buy rating with $270 target

Bank of America reiterated its buy rating on Boeing and maintained a $270 price target, implying substantial upside from the stock’s previous close. The endorsement comes as analysts assess Boeing’s recovery prospects amid operational and financial challenges, including a quarterly loss of 76 cents per share despite revenue of $24.56 billion. Other analysts remain broadly positive, giving Boeing a consensus rating of “Moderate Buy,” although several firms have issued neutral or sell recommendations. Boeing’s valuation and profitability remain areas of concern, with inconsistent earnings and a sharply negative return on equity underscoring the risks to its turnaround.