Boeing Stock Gets Bump as Analyst Sees Blowout Deliveries in December

Boeing


finished out 2022 strong and the new year is looking up, causing one analyst to hike his price target on the shares. He’s calling the stock a top pick for 2023.

Baird analyst Peter Arment raised his price target on


Boeing


shares to $250 from $210. “Blowout” deliveries in December was a big reason.