Tuesday, September 2, 2014

Boeing Loses Altitude On Order Dip, Huge Backlog



Investors.com http://ift.tt/1ugLzWI Shares of Boeing (BA) lost altitude Tuesday on analyst concerns over the aerospace giant's dip in orders and huge backlog. Buckingham Research downgraded Boeing to underperform or sell, from neutral, the first sell rating on the stock since 2009 over issues with the 787 Dreamliner, according to Reuters. The firm placed a 101 price target on Boeing, down from 133. In February, Buckingham had cut its price target on Boeing from 142 to 132 on "too


No comments:

Post a Comment