Boeing Shares Slip After First ‘underperform’ Rating Since 2009
Boeing Co shares slipped 1.3 percent on Tuesday after a pair of downgrades from highly ranked analysts, including one who cut the stock outlook to “underperform.” According to data by Thomson Reuters, the underperform rating by The Buckingham Research Group, a New York-based broker-dealer, marked the first such rating for Boeing’s stock since 2009. In 2009, Boeing was suffering from delays in bringing its 787 Dreamliner to market.
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