Boeing Co (NYSE: BA) shares are trading higher on Thursday.
RBC Capital initiated coverage on the stock with an Outperform rating and a $164 price target.
The airline sector was one of the most affected sectors due to lower travel demands caused by the pandemic.
Boeing shares were trading up 5.28% at $140.36 at the time of publication on Thursday. The stock has a 52-week high of $391 and a 52-week low of $89.