Dow Gets Boost from Boeing Upgrades
Boeing's (BA) stock price has surged after it received two upgrades from major Wall Street firms, contributing to a lift in the Dow Jones Industrial Average.
The upgrades were issued by UBS and JPMorgan Chase, with both firms citing Boeing's strong financials and improving outlook as reasons for their positive revisions.
Boeing's stock price rose 4.5% after the upgrades were announced, with its shares trading at $224.65 in afternoon trading on Monday.