Boeing Co
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Industrials : Aerospace & Defense | Large Cap Value
Company profile

The Boeing Company is an aerospace firm. The Company operates in four segments: Commercial Airplanes (BCA); Defense, Space & Security (BDS); Global Services (BGS), and Boeing Capital (BCC). BCA segment develops, produces and markets commercial jet aircraft and provides fleet support services, principally to the commercial airline industry worldwide. BDS segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for strike, surveillance and mobility. BGS segment provides services to commercial and defense customers worldwide. BCC's segment portfolio consists of equipment under operating leases, finance leases, notes and other receivables and assets held for sale.

Closing Price
$180.81
Day's Change
0.49 (0.27%)
Bid
--
Ask
--
B/A Size
--
Day's High
187.79
Day's Low
180.43
Volume
(Light)
Volume:
41,792,299

10-day average volume:
57,421,069
41,792,299

Tesla stock gains after Jefferies boosts target to $1,200

9:38 am ET June 18, 2020 (MarketWatch)
Print

Shares of Tesla Inc. (TSLA) are up 2.4% in morning trading Thursday after Jefferies analyst Philippe Houchois boosted his price target to $1,200 from $650 while maintaining a buy rating. "Against expectations even a few months back, the gap with peers is widening, from product to battery tech/capacity," Houchois wrote in a note titled "There is Logic in the Exuberance." He argued that the company's business model continues to test legacy car companies as the direct-selling model is getting the attention of traditional car makers. He also said that the COVID-19 crisis has helped accelerate the transition to electric vehicles among consumers within the public policy sphere. Tesla shares are up 180% over the past three months as the S&P 500 has gained 29%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

June 18, 2020 09:38 ET (13:38 GMT)

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