Analysts Offer Insights on Industrial Goods Companies: Boeing (BA) and Symbotic (SYM)
Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Boeing (BA – Research Report) and Symbotic (SYM – Research Report).
Confident Investing Starts Here:
Boeing (BA)
In a report released today, Gavin Parsons from UBS maintained a Buy rating on Boeing, with a price target of $245.00. The company's shares closed last Tuesday at $215.73.
According to TipRanks.com, Parsons is a 4-star analyst with an average return of 6.6% and a 66.3% success rate. Parsons covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, StandardAero, Inc., and Northrop Grumman.
Boeing has an analyst consensus of Strong Buy, with a price target consensus of $219.95, a 1.1% upside from current levels. In a report issued on June 4, Jefferies also maintained a Buy rating on the stock with a $250.00 price target.
Craig-Hallum analyst Greg Palm assigned a Hold rating to Symbotic today. The company's shares closed last Tuesday at $28.23.
Symbotic has an analyst consensus of Moderate Buy, with a price target consensus of $29.63.
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Boeing stock price sinks after Air India plane crashes in Ahmedabad
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