In a recent statement, White House Press Secretary Karoline Leavitt dismissed an article published by NPR, labeling it as inaccurate and based on unreliable sources. The report had suggested doubts regarding the President's confidence in the current Secretary of Defense. However, Leavitt clarified that President Biden fully endorses Secretary of Defense Lloyd Austin, reinforcing his commitment to his leadership and policies.
The dispute arose after the NPR article claimed, citing an anonymous source, that there were internal discussions about the Secretary's performance. This statement, according to the White House, is not grounded in fact. The President's comments earlier in the day further solidified his support for the Secretary, indicating no change in his stance or confidence in Austin's capabilities.
Observers note that this refutation is part of the administration's ongoing effort to counter unfounded rumors and maintain a cohesive message regarding high-level appointments within the government. As the administration continues to address national security challenges, the President's backing of the Secretary of Defense remains an integral part of his broader defense strategy.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 24 analysts, the average target price for Boeing Co (BA, Financial) is $196.26 with a high estimate of $250.00 and a low estimate of $111.00. The average target implies an upside of 24.59% from the current price of $157.52. More detailed estimate data can be found on the Boeing Co (BA) Forecast page.
Based on the consensus recommendation from 29 brokerage firms, Boeing Co's (BA, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Boeing Co (BA, Financial) in one year is $188.90, suggesting a upside of 19.92% from the current price of $157.52. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Boeing Co (BA) Summary page.
