5 Best Airline Stocks to Invest In Right Now

2. The Boeing Company (NYSE:BA)

Number of Hedge Fund Holders: 57

The Boeing Company (NYSE:BA) is a global company that makes and sells various aerospace products. It produces commercial planes, military aircraft, satellites, missile defense, and space systems. On August 28, TD Cowen analyst Cai von Rumohr increased his price target on The Boeing Company (NYSE:BA) to $260 from $255 while maintaining an ‘Outperform’ rating on the stock.

Insider Monkey’s database of 910 hedge funds shows that 57 hedge funds had stakes in The Boeing Company (NYSE:BA). The biggest stakeholder of The Boeing Company (NYSE:BA) was Adage Capital Management, which had a $438.60 million stake in the company.

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