---
title: "U.S. Stock Market News | Boeing falls more than 8% after being downgraded by Fuguo Bank in target price and rating"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/213331279.md"
description: "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"
datetime: "2024-09-03T14:45:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/213331279.md)
  - [en](https://longbridge.com/en/news/213331279.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/213331279.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/213331279.md) | [繁體中文](https://longbridge.com/zh-HK/news/213331279.md)


# U.S. Stock Market News | Boeing falls more than 8% after being downgraded by Fuguo Bank in target price and rating

According to the financial news app Zhitong Finance, on Tuesday, Boeing (BA.US) opened low and continued to decline. As of the time of publication, the stock fell by over 8% to $159.2. Analyst Matthew Akers from Wells Fargo Bank downgraded the stock to "Underweight" and also lowered its target price to $119, indicating a potential 30% decline in the next 12 months

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