Bank of America keeps Boeing buy rating with $270 target

Bank of America, through analyst Ronald Epstein, reiterated a Buy rating on Boeing and held a $270 price target—about 36% above the $198.13 price cited in the GuruFocus alert. The same alert puts Boeing’s market cap near $156.6 billion and records a quarterly loss of 76 cents a share on $24.56 billion in revenue. GuruFocus scores the stock a GF Value of $211.37 (its estimate of fair value), calling shares about 6.3% undervalued, and a GF Score of 68/100, a composite of financial strength, profitability, growth, valuation, and momentum. P/E sits at 90.22x versus a five-year median of 106.32x; P/S is about 1.82x versus a historical median near 1.8x. Twenty-one gurus hold BA, with nine adding and eleven trimming; no insider trades appeared in the prior three months. Contested: the wire states other analysts still give a Moderate Buy overall while several firms have issued neutral or sell recommendations; the record does not name those firms or their targets. Reliability note: GuruFocus dates the Epstein reiteration September 26, 2023 inside a September 18, 2026 post, so the item may be misdated or recycled. What comes next on delivery, earnings consistency, and any fresh target changes is not in the record.