Wolfe Research Upholds Outperform on Boeing, Sets $260 Target After Solid Q4 Results
Wolfe Research has reiterated an Outperform rating and a $260.00 price target for Boeing following the company’s fourth-quarter report. Boeing reported $375 million of free cash flow in Q4, revenue of $23.9 billion, and a backlog that rose to $682 billion. While certain programs and supply-chain charges weighed on segment profitability, asset sales…