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

Amazon's stock gains after MCH analyst boosts target to Street high $3,500

8:04 am ET June 29, 2020 (MarketWatch)
Print

Shares of Amazon.com Inc. (AMZN) rose 0.4% in premarket trading Monday, after Monness Crespi Hardt analyst Brian White raised his price target enough to make him the most bullish on the Street on the ecommerce and cloud giant. White reiterated his buy rating while boosting his price target to $3,500 from $2,800, which implies a 30% gain from Friday's closing price of $2,692.87. That propels his target to be the highest of the 49 analysts surveyed by FactSet, passing the previous high of $3,409 of Elazar Advisors analyst Chaim Siegel. White said he doubts the recent spike in COVID-19 cases will be the last surprise from the pandemic, and believes Amazon "holds the key capabilities, vast global infrastructure and financial strength necessary" to support global commerce and position itself as "major beneficiary" of the resulting accelerated digital transformation. He said Amazon's deal announced last week to buy autonomous vehicle maker Zoox (http://www.marketwatch.com/story/amazon-announces-purchase-of-zoox-a-self-driving-ride-hailing-vehicle-maker-2020-06-26) was evidence of the company's continued investment into next-generation technology to expand its reach. Amazon's stock has rallied 41.7% over the past three months through Friday, while the S&P 500 has gained 18.4%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

June 29, 2020 08:04 ET (12:04 GMT)

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