Alert: Mixed Investment/Fundamental Signals (11/27/23)-Boeing Co (NYSE: BA)

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Recent extremely meaningful positive changes in investment behavior have benefitted Boeing Co (NYSE: BA): its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and its shorter term price trend turned up.

Positive development: significant quarterly sales acceleration occurred. Negative development: the consensus estimate for December, 2024 decreased significantly.

The stock is currently unrated.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, BA is expected to be an important Value Eraser.

Boeing is currently unrated.

Recent Price Action

Boeing Co (NYSE: BA) stock closed at $219.30 on 11/27/23 after a modest decline of -0.3%. The stock has performed in line with the market over the last nine months and has risen 6.1% during the last week.

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