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Aircraft maker The Boeing Company ( BA ) on Monday caught a big upgrade from analysts at Stifel Nicolaus.
The firm said it boosted its rating on BA from "Hold" to "Buy" with an $80 price target. That target suggests a 19% upside to the stock's Friday closing price of $67.24.
Stifel Nicolaus noted the company's place in the aerospace cycle remains strong, with its new flagship 787 Dreamliner seeing solid demand.