Boeing Stock Soars to 35th in Market Activity as Bank of America Sets New Price Target

On June 3, 2025, Boeing (BA) traded with a volume of 17.29 billion, ranking 35th in the day's stock market activity. The stock rose by 0.93%, marking its second consecutive day of gains, with a total increase of 2.95% over the past two days.

Bank of America upgraded Boeing to a Buy rating and set a new price target of $260 per share, making it the highest target on the Street. This move reflects a positive outlook on the company's prospects, driven by its strategic position in the ongoing trade discussions.

Boeing's stock received a boost from the tariffs-and-trade-war dynamics, climbing after the upgrade by BofA Securities analyst Ronald Epstein. The industrial stock's performance highlights its resilience amidst global trade tensions, which have been a significant factor in market movements.

Vietnam Airlines is reportedly close to finalizing a deal for 50 Boeing 737 Max jets, which could further bolster Boeing's order book and financial outlook. This potential order underscores the company's strong position in the aerospace market and its ability to secure large-scale contracts.

Boeing's jetliners are being seen as a key negotiating asset in upcoming trade discussions, which has contributed to the positive sentiment surrounding the stock. The company's strategic importance in trade negotiations has positioned it favorably in the current market environment.