More than 3,000 Boeing machinists entered their third day of a strike on Wednesday. The workers, who make fighter jets and weapons systems at facilities in Illinois and Missouri, are organizing for better pay, benefits and scheduling. The walk-out comes in what is supposed to be a turnaround year for Boeing .

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."

Boeing is being hit with its second strike in less than a year after 3,200 hourly workers walked off their jobs building military aircraft.