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Why Boeing Shares Took Flight This Morning

Why Boeing Shares Took Flight This Morning

Shares of Boeing (NYSE: BA) were up more than 4% as of 10 a.m. ET today. Bank of America's Ron Epstein raised his price target to $190 from $165, Citibank analyst Jason Gursky initiated his coverage with a buy rating, and Wells Fargo analyst Matthew Akers raised his price target to $218 from $185. The price target hikes and buy recommendations are supported by an improving environment for Boeing Commercial Airplanes (BCA).