Boeing shares start strong in 2010 with two upgrades

Published 11:11 am Monday, January 4, 2010

The Boeing Co. is starting the year on a good note: its shares are up nearly 3.5 percent on the first trading session of 2010.

Boeing stock received upgrades from two analysts this morning.

Jesup &Lamont upgraded Boeing shares from “hold” to “buy” while Barclays upgraded it to “overweight” from “equal weight.” Target price was set at $63 and $65, respectively.

At 10 a.m. PST, Boeing shares were trading at $55.99, up $1.86 or 3.4 percent.