Buy Rating

• Bank of America analyst Epstein reiterated a Buy rating on Boeing (BA) with a $270 price target, signaling meaningful upside potential for the aerospace manufacturer. • Boeing's Q1 2026 earnings report, released April 22, showed revenue of $22.2 billion from 143 commercial deliveries and a record backlog of $695 billion covering over 6,100 commercial airplanes, though the company posted a GAAP loss per share of ($0.11). • The company guided to generate $1 billion to $3 billion in free cash flow for full-year 2026, with analyst estimates around $2.55 billion, representing a significant improvement signaling progression in the company's recovery trajectory.

• Northland analysts have initiated a buy rating on USA Rare Earth as the U.S. pursues rare earth independence from China. • The move reflects broader geopolitical efforts to establish domestic supply chains for critical materials essential to technology and defense sectors. • Rare earth elements are vital for electronics, renewable energy, and military applications, making supply chain security a strategic priority.

• Bank of America reinstated coverage of Microsoft (MSFT) with a Buy rating and $500 price target, implying 31% upside potential on March 24, 2026. • Analysts cite durable multi-year growth in cloud and AI, positioning Microsoft to capitalize across infrastructure and applications. • The reaffirmation comes amid tech sector pressure from geopolitical tensions, highlighting AI monetization as a key beneficiary.