The Vetr crowd Friday downgraded its rating on Boeing Company BA from 3 stars (Hold), issued 18 days ago, to 2 stars (Sell). Crowd sentiment at the time of the downgrade was edging negative, with 53 percent of Vetr user ratings bearish.
After posting 90 percent gains over the course of 2017, the stock is exiting the year at more of a power walk than a sprint. The stock has traded in a tight range between about $94 and $97, but actually finished the past four trading days higher. Boeing was trading lower at $295.97 by 2:30 p.m. ET in Friday's session.
See how crowdsourced ratings could help you time the market.
Currently, the Vetr crowd's average price target on Boeing is down at $272.77, which is still above the average analyst price target of $264.50. Less than 2 percent of Vetr users are holding $BA in their watch-lists.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.