Author: Sophia Vida

Cowen lowered its rating on Boeing this week to “market perform” from “outperform,” citing that the company’s turnaround would “take time” as it works on fixing its 737 Max aircraft issues. According to Cowen, the turnaround is blamed on the extended 737 Max crisis for piling on the company’s costs and delaying production. Recently Boeing … Continue reading “Boeing Shares are Downgraded by Cowen as Ukranian Boeing Plane Crashes”