Wells Fargo downgrades shares and announces delay in Boeing cash flow target
(Reuters) – Boeing’s $10 billion annual cash flow target could be delayed by about two years, to 2027-28, and the company would need to raise $30 billion before developing a new plane, Wells Fargo said, downgrading the stock. Shares of…
Boeing shares plunge as Wells Fargo changes rare bearish view
(Bloomberg) — Boeing Co. shares slumped Tuesday after Wells Fargo & Co. issued a rare bearish assessment of the stock, saying there was little upside potential for the stock. Most read by Bloomberg Shares fell as much as 8.3%, hitting…
Why Boeing shares are falling today
Boeing (NYSE: BA) Shareholders have had to endure one wave of bad news after another in recent years. At least one analyst does not expect a quick recovery. Boeing shares were down 7 percent at 10:30 a.m. ET after the…
