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Boeing Extends Washington State Factory Production Halt Indefinitely [Yahoo! Finance News]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Boeing Co BA“These actions are being taken in light of the current assessment of the spread of COVID-19 in Washington state, the reliability of the supply chain and additional recommendations from government health authorities,” the company said in a statement.The largest U.S. planemaker said March 23 that it would temporarily halt production at the site for a period of up to 14 days.Four-star analystSeth SeifmanLast month, Boeing asked for at least $60 billion in U.S. government loans for itself and other American aerospace manufacturers to help the embattled industry cope with the the coronavirus-related financial drainage.Boeing shares have been hit hard from the beginning of the year as its stock plunged more than 60%. The consensus of Wall Street analysts view the stock as a Moderate Buy based on 13 Holds, 6 Buys and 1 Sell. The $211.15 averageprice targetSee Boeing’s stock analysis on TipRanksSeparately, Boeing informed investors that it will temporarily halt production at its f Show less Read more
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