Analysts at Canaccord Genuity on Friday upgraded their rating on Boeing Co. BA, -3.55% stock to buy, increasing their price target to $275 from $200, based on the 737 Max return to service, improved outlook for travel, and as the market for wide-body, long-haul planes stabilizes, they said. “While the stock has had a significant move off its March 2020 lows, we see further upside,” the analysts said. Shares of Boeing have lost 16% in the past 12 months, contrasting with gains around 24% for the S&P 500 index SPX, -0.18%.
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