UBS Maintains Buy Rating on Boeing Amid Leadership Transition
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Boeing, the aerospace giant, has received continued support from UBS, which has reiterated its Buy rating on Boeing shares with a price target of $250. UBS views the upcoming leadership transition positively and believes that an ideal candidate for CEO Dave Calhoun's successor would have an aerospace background and operational expertise. Boeing is currently searching for a new CEO and aims for a seamless transition. The company has also announced other key leadership changes, including a new Board Chair and a new President of Boeing Commercial Airplanes. UBS maintains confidence in Boeing's stock and expects a stable outlook for the company's financial performance .
Despite the challenges Boeing is facing, UBS's positive rating and price target indicate that the investment firm believes i...
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