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Thoroughbred Financial Services cut its Boeing stake by 12.2%, as the company reported a loss of $5.90 per share.
Thoroughbred Financial Services LLC reduced its stake in Boeing by 12.2%, selling 1,014 shares, amid the company reporting a quarterly loss of $5.90 per share, missing analyst expectations.
Boeing faces challenges from the 737 MAX issues and lower travel demand due to the pandemic.
Despite these, the company's stock has a "Moderate Buy" rating with a target price of $196.10.
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Servicios Financieros de pura sangre redujeron su participación en Boeing en un 12,2%, ya que la compañía reportó una pérdida de $5,90 por acción.