In a note entitled "One Big Beautiful Boeing," Bank of America Securities analyst Ronald Epstein boosted the firm's price target on the stock to $270 from $260 and affirmed a buy rating on the shares. This after the company reported what he called "one of its cleanest quarters in recent years."

More than 3,200 union members who assemble Boeing's fighter jets in the St. Louis area and Illinois went on strike on Monday after rejecting a second contract offer the previous day.