BOEING SHARES LOSE CONVICTION BUY RATING

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By TESTCustomwebLP TESTCustomwebLP November 11, 2010 22:20

BOEING SHARES LOSE CONVICTION BUY RATING

Analysts at Goldman Sachs have removed Conviction Buy List status from Boeing shares, although it maintains a Buy rating and $88 price target. The investment bank said that the problems plaguing the 787 program has increased the risk on Boeing delivering on its promises even though it retains its bullish view for the aircraft manufacturer.

Shares dipped slightly on the news and are down to $66.97.

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By TESTCustomwebLP TESTCustomwebLP November 11, 2010 22:20
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