$BA price target hits $270 after upgrade, yet $200M MAX scandal still weighs
Court: SEC
Case: 3-21140
Boeing stock hit fresh 52-week highs this week after an upgrade from KGI Securities and growing analyst optimism around its turnaround. The average price target for 
BA has now climbed to $274, up from $183 at the start of the year, as confidence builds in Boeing’s production recovery and quality control progress.
What’s Happening Now
- KGI Securities upgraded BA to “Buy” with a $266 target
- Boeing closed Wednesday at a 52-week high of $233.88
- Shares are up 33% over the last 3 months
- 71% of analysts now rate BA a “Buy” — highest since Dec. 2023
- BA still well below its all-time high of $446 (Mar. 2019)
Boeing has agreed to a $200,000,000 cash settlement with BA investors to resolve claims it misled them about safety risks tied to the 737 MAX aircraft, following two fatal crashes that led to global groundings and regulatory fallout.
Timeline Overview
- Oct 29, 2018 – Mar 10, 2019: Two fatal crashes involving the 737 MAX
- Nov 2018 – Apr 2019: Boeing and its CEO issued statements omitting key safety risks
- Mar 11, 2019: FAA grounds the MAX fleet; BA stock drops ~10%
- Apr 2019: Lawsuits filed by investors
- Sep 22, 2022: Boeing pays $200M to settle SEC charges
Allegations Include
- Concealing defects in the MCAS flight control system
- Downplaying safety risks following the first crash
- Misleading investors about the aircraft’s readiness and safety
Investor Update
The $200M settlement compensates shareholders for alleged misinformation that led to financial losses during the crisis.
You can check more information about it and file for a payout HERE.