Boeing Stock Is Falling. Why Analysts Are Still Backing Shares.

Boeing Stock Is Falling. Why Analysts Are Still Backing Shares.·Barrons.com
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Boeing stock was retreating in early trading Monday after dropping some big news on Friday evening. Despite recent woes, including quality problems, profitability problems, management turnover, and a labor strike, Wall Street, for the most part, backs the company. The move comes after Boeing announced on Friday a huge third-quarter loss, and layoffs impacting some 17,000 workers as a labor strike that has paralyzed production in the Pacific Northwest enters a fifth week.

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