Analyst Rich Safran Managing Director and Senior Analyst at Seaport Global Securities LLC placed a target of $277 for the stock price for The Boeing Company (BA) NYSE —Nasdaq. Safran is and aerospace and defense equity research analyst and former Aerospace engineer and program manager. He started his professional career working at Northrop Grumman on the B-2 program.
Goldman Sachs analyst Noah Poponak increased his price target on The Boeing Company (BA) NYSE —Nasdaq stock from $209 to $238 a share on June 7th, 2020. As of 7:30 on June 8th the stock is trading at 228.72+23.29 (+11.34%)
David L. Calhoun is an American businessman who has been president and CEO of The Boeing Company since January 2020. He was previously the company’s chairman. He has vowed to improve things at the company such as the internal culture.
We see this stock rising up to new levels due to the start of the rebound economy going forward.
Seaport Global launched coverage of Boeing (ticker: BA) stock with the equivalent of a Buy rating. Analyst Rich Safran has a target of $277 for the stock price, the highest on Wall Street. Another bull, Goldman Sachs analyst Noah Poponak, raised his price target on Boeing stock from $209 to $238 a share
Boeing is the world’s largest aerospace company and leading manufacturer of commercial jetliners, defense, space and security systems, and service provider of aftermarket support. As America’s biggest manufacturing exporter, the company supports airlines and U.S. and allied government customers in more than 150 countries. Source: https://www.boeing.com/company/general-info/index.page#/overview
Top Mutual Fund Holders
Holder Shares Date Reported % Out Value
Vanguard Total Stock Market Index Fund 15,062,314 Dec 30, 2019 2.67% 4,906,699,408
Vanguard 500 Index Fund 10,681,679 Dec 30, 2019 1.89% 3,479,663,751
Washington Mutual Investors Fund 9,743,181 Dec 30, 2019 1.73% 3,173,938,642
American Balanced Fund 7,604,600 Dec 30, 2019 1.35% 2,477,274,496
SPDR S&P 500 ETF Trust 6,176,075 Jan 30, 2020 1.09% 1,965,659,390
Top Institutional Holders
Holder Shares Date Reported % Out Value
Vanguard Group, Inc. (The) 41,756,605 Mar 30, 2020 7.40% 6,227,580,069
Blackrock Inc. 33,252,360 Mar 30, 2020 5.89% 4,959,256,970
Newport Trust Co 32,725,504 Mar 30, 2020 5.80% 4,880,681,666
Capital World Investors 30,555,090 Mar 30, 2020 5.41% 4,556,986,122
State Street Corporation 26,146,396 Mar 30, 2020 4.63% 3,899,473,499
Price (T.Rowe) Associates Inc 19,483,408 Mar 30, 2020 3.45% 2,905,755,469
Our Top Stock are Walmart which is grossly undervalued and should be trading above $300 and Groupon (NASDAQ:GRPN) with a potential upside $50 by end of the year with strong holiday sales and retail spending. Another company we like is Google Alphabet ( NASDAQ:GOOGL ) with an upside of $2000 and Apple ( NASDQ:AAPL ) with upside of $1000.
CWEB.com is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, CWEB.com relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.