Boeing Upgrade, US Automakers Stocks Fall, Moderna Rises
On this episode of Stock Movers:- Boeing (BA) shares are up on word that the Trump administration has been including orders for Boeing planes in trade discussions. That news is helping restore Bank of America’s confidence in the stock. “Boeing aircraft have emerged as a favored trade mechanism in recent US trade negotiations, which we suspect will continue,” Ronald Epstein of Bank of America wrote in a research note. The analyst said deals — including a record order from Qatar Airways — as well as the end of China’s ban on airlines taking delivery of Boeing…
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