By: Benzinga
UPDATE: Citigroup Reiterates Buy Rating, Raises PT on Boeing
In a report published Wednesday, Citigroup reiterated its Buy rating on Boeing (NYSE: BA ), and raised its price target from $84.00 to $106.00. Citigroup noted, “Earnings visibility is supported by planned production rate increases on profitable aircraft (737 & 777), offset by the dilutive new platforms (787 & 747)
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