Boeing (BA) Tops Q3 EPS Views; Boosts FY16 Outlook
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Go back to Boeing (BA) Tops Q3 EPS Views; Boosts FY16 Outlook
October 26, 2016 8:50 AM EDT
Standpoint Research downgraded Boeing (NYSE: BA) from Buy to Sell.
For an analyst ratings summary and ratings history on Boeing click here. For more ratings news on Boeing click here.
Shares of Boeing closed at $139.02 yesterday.
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October 26, 2016 7:26 AM EDT
By Rodrigo Campos
(Reuters) - Quarterly results were the main driver for Wall Street on Wednesday as a decline in Apple shares weighed on the S&P 500 and Nasdaq, while the price-weighted Dow Industrials was buoyed by gains in Boeing.
Apple, the world's largest exchange-traded company, fell 2.2 percent after it acknowledged that strong demand for its iPhone 7 Plus caught the company off-guard and it was struggling to keep up.
On the other hand, Boeing shares hit their highest level since Dec. 31 after the planemaker reported a jump in quarterly profit despite slower sales. Boeing closed up 4.7 percent at... More
