Jefferies cuts Boeing free-cash-flow view, trims BA target
Jefferies lowered its price target for Boeing ahead of its third-quarter report, saying the company may need additional months to stabilize commercial airplane production rates. BA shares were up 1.34% in Monday trading per TheFly.
Boeing (BA) shares were in focus Monday after Jefferies lowered its price target ahead of the planemaker’s third-quarter report. According to TheFly, Jefferies said Boeing may need a few additional months to stabilize commercial airplane production rates. 34% higher at the…