U.S. Stock Market News | Boeing falls more than 8% after being downgraded by Fuguo Bank in target price and rating
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On Tuesday, Boeing opened lower and continued to decline. As of the time of publication, the stock fell by over 8%, trading at $159.2. Analyst Matthew Akers from Wells Fargo downgraded the stock to "Underweight" and also lowered its target price to $119, implying a potential 30% decline in the next 12 months
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