Boeing Stock Is Up Nearly 90% in a Few Days. Wall Street Explains the Rally.

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Boeing Stock Is Up Nearly 90% in a Few Days. Wall Street Explains the Rally.
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The rally in Boeing shares continues. The stock is up about 13% to $180 a share in Thursday trading, and over the past four trading sessions, it has risen an incredible 89%.

It’s hard to keep up. The reasons for the rally are myriad: Congressional Covid-19 stimulus, technical factors, short covering, and even some 737 MAX news. After the epic run, Wall Street is starting to weigh in, guessing where shares might settle out in coming months based on the company’s fundamentals.

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