UBS Recently Raised Its Price Target on Boeing (BA) Stock

Swiss bank UBS recently increased its price target on Boeing (BA) to $207 from $190 and kept a Buy rating on the shares.

After BA reported its first-quarter results last week, UBS is upbeat on the company’s new management team.

Other Reasons That UBS Is Bullish on Boeing

BA has taken steps to ensure that its supply chain remains intact in the face of tariffs, the bank reported. Further, although China’s decision to stop receiving Boeing’s planes may harm the company’s ability to meet its 2025 delivery target, UBS thinks that BA will be able to find other buyers for the planes.

And boding well for the demand for BA’s 737 MAX is the fact that the company has successfully worked to increase the rate at which it builds them, the bank stated. Moreover, the plane maker has talked about increasing the production rate to 42 per month, according to the Swiss bank.

Finally, Boeing has taken multiple steps to improve its safety and quality metrics, UBS reported.

The Recent Price Action of BA Stock

In the last month, the shares have climbed 6%, while they are up 3.5% in the last three months.

While we acknowledge the potential of BA, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires

Disclosure: None. This article is originally published at Insider Monkey.