Jim Cramer Discusses Major Signal About Boeing (BA)

We have recently published Jim Cramer Discussed AI Circular Deals, Top Quantum Plays & These 22 Stocks. The Boeing Company (NYSE:BA) is one of the stocks discussed by Jim Cramer.

Aerospace giant The Boeing Company (NYSE:BA)’s shares are up by 27% over the past year and by 2% year-to-date. Citigroup discussed the firm on April 2nd as it reduced the share price target from $290 to $256 and kept a Buy rating on the shares. Citi’s coverage came after Jefferies and Wells Fargo discussed The Boeing Company (NYSE:BA) on April 1st. Jefferies reiterated a Buy rating and a $295 share price target while Wells Fargo initiated coverage to set a $250 share price target and an Overweight rating. Wells Fargo discussed The Boeing Company (NYSE:BA)’s free cash flow as it pointed out that the metric could stabilize as the company improves its production. Wells added that the aerospace company’s share price could also experience tailwinds through improved production. Cramer discussed The Boeing Company (NYSE:BA)’s CEO:

“I mentioned Boeing, it’s up six, it maybe already too late, I don’t know. I happen to think, David, Kelly Ortberg. . .I think he’s the hitter that they needed, I think he’s exacting, I think he’s the signal not the noise.”

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