Boeing's Free Cash Flow Delayed
This is a news story, published by Yahoo Finance, that relates primarily to Boeing news.
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equity raiseReuters
•Boeing's cash flow goal to be delayed, says Wells Fargo as it downgrades stock
81% Informative
Boeing 's annual cash flow target of $10 billion may be delayed by about two years to 2027-28 .
Wells Fargo downgraded the stock to "underweight" and trimmed the target price to $ 119 , a 32% downside to the last closing price.
The planemaker is working to recover from a crisis sparked by a mid-air accident in January .
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