Epoch Investment Partners Inc. boosts position in
The Boeing Company (BA), trading 1.1% higher. Analyst recommendations for BA stock are reportedly bullish. However, BA stock has fallen 29.5% YTD questioning the future for its investors. Assets in BA are being diversified by various companies like
Shell Asset Management Co., and
CANADA LIFE ASSURANCE Co. BA's Q2 earnings reported decline which may have impacted its stock price. Reports indicate forgery cases in titanium supply for Boeing.
Envestnet Portfolio Solutions Inc. RA,
Choreo LLC, and
Toronto Dominion Bank are being increased in BA. Contrastingly, stakeholder like
Oppenheimer Asset Management Inc. and
Csenge Advisory Group have decreased their stakes. Boeing's CFL Walks Back 2024 Cash-Flow Target, which may be a reason for its share decline. The stock price is unstable with slight increments seen. It is also being speculated that BA can regain altitude thanks to its recovery plan. US Bancorp DE, a significant shareholder, has sold a substantial amount of BA shares. Despite a few setbacks, Boeing has been navigating challenges yielding a mixed financial performance. Boeing also raised its Q4 revenue estimates, with its shares seeing a rise post CFO comments about plane output.
Boeing Company BA News Analytics from Wed, 25 Oct 2023 18:23:39 GMT to Sun, 28 Jul 2024 18:45:50 GMT -
Rating -4
- Innovation 2
- Information 6
- Rumor -8
