Analysts’ Perspective: Boeing (BA), ArcelorMittal (MT), Hibbett Sporting (HIBB)

Boeing Co. (NYSE:BA) shares were upgraded by analysts at JP Morgan from Neutral to Overweight rating while increasing their price target from $205 to $240.

The Boeing Co. is an aerospace company that manufactures commercial jetliners and defense, space and security systems.

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Brokerage Firm ING Group upgraded ArcelorMittal SA (NYSE:MT) shares from Hold to Buy rating.

ArcelorMittal SA is engaged in steelmaking and mining activities.

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Investment Analysts at Sidoti upgraded Hibbett Sports Inc. (NASDAQ:HIBB) shares from Neutral to Buy rating.

Hibbett Sports, Inc. operates sporting goods stores in small and mid-sized markets, predominantly in the South, Southwest, Mid-Atlantic and Midwest.

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