UPDATE: JPMorgan Upgrades Boeing (BA) to Overweight

Pre-Open Stock Movers 11/17: (AVGR) (RMTI) (VRAR) Higher; (SAVA) (AVIR) (STNE) Lower (more...)

Pre-Open Stock Movers:

Avinger, Inc. (NASDAQ: AVGR) 37.5% HIGHER; announced that it has received 510(k) clearance from the U.S. Food & Drug Administration (FDA) for a new clinical indication for the Pantheris image-guided atherectomy system. This clearance allows the company to directly market Pantheris for the treatment of in-stent restenosis (ISR) in the lower extremity arteries.

Rockwell Medical, Inc. (Nasdaq: RMTI) 31.3% HIGHER; announced the publication of results in the Journal of Bioequivalence & Bioavailability from a study designed to investigate the... More

Wells Fargo Upgrades to Boeing (BA) Stock to Overweight as Risk-Reward Skews Positive

Wells Fargo analyst Matthew Akers upgraded Boeing (NYSE: BA) to Overweight from Equal Weight as he believes the risk/reward balance is now positive given the overall share outperformance.

Since the March high, Boeing shares are down about 30% compared to the S&P 500.

We see limited downside as BA has de-risked 2022 delivery expectations and is less susceptible to supply chain disruption given its large... More

UPDATE: Wells Fargo Upgrades Boeing (BA) to Overweight on Positive Skew in Risk/Reward

(Updated - November 17, 2021 6:08 AM EST)

Wells Fargo analyst Matthew Akers upgraded Boeing (NYSE: BA) from Equal Weight to Overweight, PT $272.00 (from $224.00).

The analyst comments "We are upgrading BA to Overweight as we now see a positive risk/reward balance... More

Active options: AMD MARA F BA HD AAL PLTR RIOT SNDL PYPL AMC

Active options: AMD MARA F BA HD AAL PLTR RIOT SNDL PYPL AMC

Akasa Air Orders Seventy Twi Boeing (BA) 737 MAX Aircraft

Boeing (NYSE: BA) and Akasa Air, a brand of SNV Aviation, today announced the new Indian carrier has ordered (72) 737 MAX airplanes to build its fleet. Valued at nearly $9 billion at list prices, the order is a key endorsement of the 737 family's capability to serve the rapidly growing Indian market.

At the 2021 Dubai Airshow, Akasa Air CEO Vinay Dube said, "We are delighted to partner with Boeing for our first airplane order and thank them for their trust and confidence in Akasa Air's business plan and leadership team.... More

Air Tanzania Announces Orders for Multiple Boeing (BA) Aircraft

Boeing (NYSE: BA) and the United Republic of Tanzania today announced an order for a 787-8 Dreamliner, a 767-300 Freighter and two 737 MAX jets at the 2021 Dubai Airshow. The airplanes will be operated by Air Tanzania, the national flag-carrier of Tanzania, to expand service from the country to new markets across Africa, Asia and Europe. The order, valued at more than $726 million at list prices, was previously unidentified on the Boeing Orders and Deliveries website.

"Our flagship 787 Dreamliner is popular with our passengers, providing unrivalled in-flight comfort and... More

Emirates says Boeing 777X talks 'work in progress'

DUBAI (Reuters) - Emirates has made progress in talks with Boeing on the Dubai airline's concerns over delays to the 777X jetliner but does not yet know when it will receive an aircraft it considers vital to its future growth, its president said on Tuesday.

"It is work in progress; we are... More