TD Cowen Boosts Boeing Price Target to $270, Cites Mixed Q4 Results and Long-Term Cash Flow Goals
TD Cowen raised its price target on Boeing to $270 from $260 and kept a Buy rating after the company reported a mixed fourth quarter. The firm cited strong Boeing Commercial Airplanes deliveries but also noted a $565 million KC-46-related charge. Boeing beat fourth-quarter earnings and revenue expectations, reaffirmed a long-term free cash flow tar…