Why Boeing Flew Lower in January
(NYSE: BA) has spent the better part of the last year trying to rebuild its reputation after a series of engineering mishaps. In January, that challenge became a lot more difficult after the company's 737 MAX was involved in yet another issue.
An Alaska Air Group 737 MAX lost cabin pressure at 16,000 feet after a door plug released. The incident caused part of the global MAX fleet to be grounded.
Beleaguered investors headed for the emergency exits, sending Boeing shares down 19% for the month, according to data provided by S&P Global Market Intelligence.
Source Fool.com
Boeing Co. Stock
€156.54
0.150%
Currently there is a rather positive sentiment for Boeing Co. with 30 Buy predictions and 5 Sell predictions.
With a target price of 233 € there is a positive potential of 48.84% for Boeing Co. compared to the current price of 156.54 €.
