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Why This Investor Bought Shares Of Boeing

Boeing Co (NYSE: BA) was featured as the call of the day Wednesday on CNBC’s “Fast Money Halftime Report.” What Happened: Wells Fargo analyst Matthew Akers upgraded Boeing from Equal-Weight to Overweight and raised the price target from $224 to $272. Akers sees a positive risk/reward opportunity with the stock having lagged the S&P 500 by about 30% since March. Why It Matters: Sand Hill Global Advisors’ Brenda Vingiello bought Boeing shares. “As we head into the end of the year, we think it’s hi

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