UBS' View On Boeing and Northrop Grumman: Unveiling Potential Upsides
- October 11th, 2023
- 548 views
UBS has initiated coverage on The Boeing Company (NYSE: BA), one of the most prominent names in the aerospace sector, with a Buy rating and a price target of $275.
Closing at $193.53 on Tuesday, this price target presents a noteworthy potential upside of $81.47 or approximately 42.08% for $BA, based on the investment services firm's analysis
Northrop Grumman Corporation (NYSE: NOC), a global aerospace and defense technology company, was also initiated with a Buy rating by UBS, along with a price target of $555.
With $NOC closing at $465.12 on Tuesday, the projected price target implies a potential upside of $89.88 or about 19.31%, according to UBS' assessment.
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