Citi: defense selloff creates Boeing stock opportunity
Key Questions
What does Citi identify as key drivers for Boeing's recovery?
Citi highlights an $86B defense backlog, 21% revenue growth, and wins on PAC-3 and F-47 programs as primary recovery drivers. The firm views defense segment momentum as a timely trading catalyst amid the recent selloff.
What price target has Citi set for Boeing stock?
Citi has raised its Boeing price target to $260, describing the current selloff as a strategic entry point for investors.
Why does Citi see the Boeing stock selloff as an opportunity?
Citi believes the defense segment's strong backlog and growth metrics provide a catalyst that outweighs near-term pressures, making the pullback an attractive entry point.
Citi highlights $86B defense backlog, 21% revenue growth and PAC-3/F-47 wins as key recovery drivers. Defense segment momentum viewed as timely trading catalyst.
Sources (2)
Updated May 24, 2026