Boeing changes stance, recommends 737 MAX simulator training for pilots

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Boeing (BA) Shares Down 2% on News of Boeing 737-800 Plane Crash in Tehran, Reportedly Killing All 176 Passengers

January 8, 2020 6:04 AM UTC

Shares of Boeing (NYSE: BA) down over 2% on reports, Ukraine International Airlines Boeing 737-800 crashed shortly after take-off from Tehrans international airport on Wednesday, killing all 176 passengers and crew onboard. The early morning disaster was caused by technical failure following a fire on the... More

Cowen Downgrades Boeing (BA) to Market Perform

January 8, 2020 5:31 AM UTC

Cowen analyst Cai von Rumohr downgraded Boeing (NYSE: BA) from Outperform to Market Perform with a price target of $371.00 (from $419.00).

The analyst comments "We're downgrading BA to Market Perform for additional costs from the MAX production suspension and certification delays. We... More