Bank of America makes fresh call on Boeing stock price
Airfind news item
By Mwangi Enos
Published on May 3, 2026.
Bank of America Securities analyst Ronald Epstein has reiterated his Buy rating on Boeing (BA) with a $270 price target, indicating significant upside. The analyst, who ranks 211 out of 12,160 on TipRanks with a 61.5% success rate and 19.3% average return per rating, stated that Boeing is taking "baby steps in the right direction" and that the turnaround remains incomplete. He highlighted three key sectors of Boeing's recovery: Boeing Global Services, Boeing Defense and Space, Boeing Commercial Airplanes, and Boeing Defense, Space, and Security. The company's Q1 2026 results were largely positive, with revenue of $22.2 billion and operating flow of $1.5 billion. As Seeking Alpha reports, Boeing maintained its guidance to generate $1 billion in free cash flow for the 2026.
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