Local government leaders in the Puget Sound area are competing to get manufacture and assembly of the carbon composites wing for the future 777X model jetliner. The Boeing Company (NYSE:BA) isn’t saying anything about its intentions yet. The top two contenders seem to be Pierce County’s Boeing Frederickson site, where the company already builds tail surfaces for its 777 and 787 jetliners, and Snohomish County’s Boeing Everett campus, where the company already builds the 777 jetliners. The Boeing Company (NYSE:BA) stock opened at $124.24 in last trading session, and closed at $123.08, trading in the range of $122.75 – $126.52. The stock showed a negative weekly performance of -10.40%.
JPMorgan Chase & Co. upgraded shares of United Continental Holdings (NYSE:UAL) from an underweight rating to a neutral rating in a report issued on Friday, TheFlyOnTheWall.com reports. They currently have $53.50 target price on the stock, up from their previous target price of $40.50. United Continental Holdings Inc (NYSE:UAL) shares closed at $43.82 on last trade day, by losing -4.41%. Stock 52 week range is $23.89 – $49.20. Company’s market capitalization is $15.86 billion.
American Airlines Group (NASDAQ:AAL) had its price target upped by JPMorgan Chase & Co. from $37.00 to $41.00 in a research note issued to investors on Wednesday, Analyst Ratings News reports. The firm currently has an overweight rating on the stock. American Airlines Group Inc (NASDAQ:AAL) stock increased 1.22% and finished the last session at $33.96. The EPS of the stock remained 1.13. Company’s market capitalization is $11.40 billion.
Lockheed Martin Corporation (NYSE:LMT) is launching a new civilian version of its C-130J Super Hercules military cargo aircraft that a senior executive said could be available for energy and mining companies to supply remote areas with personnel and equipment by 2018. Lockheed Martin Corporation (NYSE:LMT) stock opened at $150.54 in last trading session and closed at $147.74. The 52 week range of the stock is $85.88 – $158.43 and the day range was $147.42 – $152.00.
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