Why Boeing Stock Is Bouncing Back on Thursday
Boeing (NYSE: BA) stock got rocked for a 9% loss after reporting a pretty dramatic earnings miss on Wednesday. The good news is that -- with a little help from Wall Street analysts -- Boeing stock is clawing back some of its losses today.
As of 11:55 a.m. ET, shares of Boeing are back up 5.8%.
Tic-tac-toe, four in a row, investment bankers Susquehanna, Wells Fargo, R.W. Baird, and Morgan Stanley all lowered their price targets on Boeing stock today, valuing the aerospace giant's stock at anywhere from $180 to $213 per share.
Source Fool.com
