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

Dick's Sporting Goods upgraded on potential market share gains in sneaker sales

10:40 am ET June 24, 2020 (MarketWatch)
Print

Dick's Sporting Goods Inc. (DKS) was upgraded to outperform from market perform at Cowen on the potential for share gains in sneakers. Cowen raised its price target to $50 from $36. A Cowen proprietary survey found that an increasing percentage of respondents said they would head to Dick's Sporting Goods to buy a pair of sneakers, up to 12% in May from 10% average in 2019. Foot Locker Inc. (FL) is still the more preferred retail choice for sneakers, with 23% of May respondents saying they would buy from there. Dick's was the top choice for sporting goods with 35% in May, up from 33% last year, followed by Amazon.com Inc. (AMZN) with 26%. Cowen is also optimistic about the prospects for Dick's e-commerce initiatives, including buy-online-pickup-in-store. Dick's stock is down 2.1% in Wednesday trading, and down 18% for the year to date. The S&P 500 index has fallen 4.3% for 2020 so far.

-Tonya Garcia; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

June 24, 2020 10:40 ET (14:40 GMT)

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