First Trust Advisors LP and
Stephens Inc. AR have sold shares of
Boeing Company BA, while
Envestnet Asset Management Inc.,
Cibc World Markets Corp, and
Rafferty Asset Management LLC have acquired shares. CEO
Dave Calhoun insists that Boeing is experiencing significant changes. The company's
Starliner Spacecraft has completed successful launches and dockings with the International Space Station. However, the stock has fallen behind market expectations despite earlier increases.
Northern Trust Corp has increased its position in Boeing. The company has also seen significant decreases in short interest.
Starliner faced technical issues near space station, but overall, analysts have given the company an average rating of “Moderate Buy”. A new price target of $215.00 has been given by Sanford C. Bernstein.
Boeing's Q1 2024 earnings indicate continued challenges, which, along with comments about sustained cash burn, have resulted in stock price declines. However, resumed plane deliveries to China and new contracts with U.S. Air Force offer positive signs. Class action has been filled against the company for alleged unidentified issues.
Boeing Company BA News Analytics from Wed, 27 Dec 2023 08:00:00 GMT to Sun, 09 Jun 2024 14:42:40 GMT -
Rating -1
- Innovation 3
- Information 7
- Rumor 4
