Contact Center Solutions Industry News

TMCNet:  Downgrade Alert for Boeing (BA)

[January 17, 2013]

Downgrade Alert for Boeing (BA)

Jan 17, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Boeing (NYSE:BA) was downgraded from Conviction Buy to Buy at Goldman Sachs today. The stock closed yesterday at $74.34 on volume of 17.9 million shares, above average daily volume of 5.5 million. Boeing has overhead space with shares priced $74.34, or 15.6% below the average consensus analyst price target of $88.05. The stock should hit resistance at its 50-day moving average (MA) of $74.41, as well as support at its 200-day MA of $72.89.

The Boeing Company, together with its subsidiaries, develops, produces, and markets commercial jet aircraft, as well as provides related support services to the commercial airline industry worldwide. The Company also researches, develops, produces, modifies, and supports information, space, and defense systems, including military aircraft, helicopters and space and missile systems.

Over the past year, Boeing has traded in a range of $66.82 to $78.02 and closed yesterday at $74.34, 11% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Boeing and will alert subscribers who have BA in their portfolio or watchlist when shares have changed trend direction.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To Contact Center Solutions's Homepage ]

Subscribe here for your FREE Contact
Center Solutions
enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!


Weekly Live Demo
CaaS Small Center

Register Today!