Category: Markets
Published: 2026-07-07T13:55:20.000Z
Great Hill Capital LLC has reduced its stake in The Boeing Company (NYSE:BA) by 18.4% in the first quarter, selling 4,416 shares and retaining 19,615 shares valued at approximately $3.9 million. This move comes as Boeing faces mixed catalysts, including the launch of a new 737 MAX assembly line and a defense contract, alongside production disruptions due to an IT outage. Analysts maintain a "Moderate Buy" rating for BA with a consensus price target of $261.61.
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