
RBC raises Boeing's BA.N price target; maintains "outperform" rating
New PT at $265 from $250, representing a 6.4% upside on stock's last close
Brokerage says it does not expect a specific delivery guide from BA but expects co to continue to strike a cautious tone on the pace of 737 MAX delivery growth
Says it has a more bullish view on the 787
Says it estimates BA to deliver 520 MAXs in 2026 with a production exit rate of ~47/month exiting the year
24 of 29 brokerages rate the stock "buy" or higher and five hold; their median PT is $263 - data compiled by LSEG
Including session moves, BA up 41.8% in the last 12 months