Boeing Rises, Eli Lilly Slips, Peloton Jumps on Anticipated Growth
On this episode of Stock Movers:
- Boeing (BA) shares rise after Bernstein upgrades to outperform from market perform noting that the aircraft maker is now “making the progress it needed for the growth trajectory.”
- Eli Lilly (LLY) shares dip after HSBC double downgraded the stock to reduce — a sell-equivalent rating — from buy, saying the drugmaker’s risk-reward “is not attractive.”
- Peloton Interactive (PTON) shares jump after the Truist Securities upgraded the fitness company to buy from hold, saying the stock is finally nearing a point where the company’s improving fundamentals should support a recovery in shares.
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