Boeing Company (BA) has been a trending stock recently with varying reports influencing its market performance. A notable purchase by
Kerusso Capital Management LLC involved acquisition of
10,272 Boeing shares. Efforts to avoid a potential strike saw Boeing reaching a deal with the union. Despite this development, Boeing's shares sank due to a looming strike scenario. Commentators such as
Jim Cramer noted the company's cash flow issue. A labor contract is set to raise wages over the next four years. However, Boeing's
cash-flow limitations led to a downgrade at Wells Fargo. Despite these concerns, Boeing's average target price has been set at $211.29 by stock analysts. Investors' attention was drawn by the aerospace and defense company's shares performance. A new law suit was raised against
NYSE: BA requiring investors who lost money to contact the Shareholders Foundation. Additionally, Boeing's performance surpassed expectations in its Q2 earnings, leading to an upward correction of the stock. However, the successful Starliner landing and the company's continued presence in China shows potential upside.
Boeing Company BA News Analytics from Tue, 26 Mar 2024 07:00:00 GMT to Sun, 08 Sep 2024 16:48:11 GMT -
Rating -3
- Innovation 4
- Information 6
- Rumor -2
