S&P places Boeing's rating on CreditWatch negative as strike drags on
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Wells Fargo Reiterates Underweight Rating on Boeing (BA)
October 10, 2024 5:29 AM EDTWells Fargo analyst Matthew Akers reiterated an Underweight rating and $110.00 price target on Boeing (NYSE: BA)
The analyst comments "Talks break off again: BA and its IAM 751 union ended two days of talks with no apparent progress. BA announced it was withdrawing its prior offer for 30% pay increase over four years. Meanwhile, the union noted BA was unwilling to propose further wage increases, reinstatement of pension benefits, or other... More
