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Why Boeing Stock Popped Today

TheMotleyFool

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Why Boeing Stock Popped Today: https://g.foolcdn.com/editorial/images/702764/boeing-737.jpg

Shares of commercial airplane-builder Boeing (NYSE: BA) look ready to take off, says investment bank Morgan Stanley in a note out this morning, and could even rise as much as 80% in price over the next 12 months.

Investors seem at least partially swayed by the argument, and Boeing stock is up the first 2% out of those 80% as of 11:05 a.m. ET Wednesday.

So what did Morgan Stanley say that so pleased Boeing investors today? Basically, it boils down to: Don't worry (about the 737 MAX), be happy.

Source Fool.com

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