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Boeing’s Rating, Price Target Upgraded at UBS (BA)

Aircraft maker The Boeing Company (BA) on Thursday saw its rating and price target boosted by analysts at UBS.

The analyst raised its rating on UBS to "Neutral" from "Sell," and boosted its price target on the stock to $68 from $50.

Boeing shares, which had closed at $64.45 U.S. on Wednesday, rose 65 cents U.S., or 1%, in premarket trading Thursday.

The Bottom Line

Shares of BA have been recommended since Aug.27, when the stock was trading at $47.82 U.S. The company has a dividend yield of 2.61%, based on last night's closing stock price of $64.45 U.S.

The Boeing Company (BA) is a "recommended" dividend stock, holding a Dividend.com DARS Rating of 3.5 out of five stars.