Boeing shares got a rating upgrade by UBS analyst.
Myles Walton boosted his rating on the airline’s shares to buy from neutral. Walton doubled his share-price target to $300.
This follows Boeing’s 737 MAX return to service, after a two-year grounding.
The analyst mentioned that he expects advances coming back faster, with 50-plus-per month on the 737 in 2025 coupled with cost actions across the enterprise more than offsetting lower wide-body production (i.e., another 787 rate cut just announced).