RBC Says Boeing De-Risks Free Cash Flow Outlook; Shares May Stay Range-Bound
RBC said Boeing has de-risked its free cash flow outlook and that shares may stay range-bound.
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05:36:42 PM UTC
SquawkNews
Boeing Co. (BA) shares drew investor attention on Wednesday after multiple analysts lowered their price targets following the company’s third-quarter results and updated free cash flow outlook.According to The Fly, BofA lowered its price target on Boeing to $235 from $270 while maintaining a ‘Buy’…