Barclays Launches Coverage for Aerospace and Defense Stocks, Recommends Boeing and Raytheon
Barclays has launched coverage on 20 aerospace companies and defense contractors with a positive outlook. The bank assigned an Overweight rating to stocks like Boeing (BA) and Raytheon Technologies (RTX), signaling confidence in the sector's potential. The firm highlighted that the U.S. is entering what it describes as early stages of growth for this industry, which could benefit from increased defense spending or other macroeconomic factors favoring aerospace and defense firms.
Topics: aerospace defense stock ratings