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Berenberg initiates BA with Buy rating

Mar. 29, 2017 9:52 AM ETThe Boeing Company (BA) StockBABy: Yoel Minkoff, SA News Editor
  • Boeing (NYSE:BA) is hugging the flatline this morning despite getting started at Berenberg with a Buy rating and $202 price target.
  • "We view Boeing as a quality play on civil aerospace growth, backed up by strong cash generation and a highly attractive returns story. In our view, the valuation does not fully reflect the earnings and cash potential," the firm said in a research note.

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