Boeing Co.’s stock is poised to gain about 25% within the next year, as the aerospace and defense giant has emerged as a favorite “trade tool” for the Trump administration and has made progress under Chief Executive Kelly Ortberg.

Investing.com -- Bank of America upgraded Boeing (NYSE: BA) to Buy and raised its price target to $260 a share on Monday, now the highest target on Wall Street, as confidence builds in the aerospace company’s turnaround. The new target, up sharply from BofA’s previous $185 target, implies free cash flow of $9 per share.