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July 24th, 2008 at 10:39 am
Boeing Co. (BA) was downgraded to neutral from outperform at Cowen & Co. saying the latest 787 schedule slip will make it harder for the company to hit its margin guidance. The broker also said there are risks Boeing’s defense programs could be cut back by a new administration in 2009 and that unions are "apt to rattle swords" over upcoming labor negotiations.
MarketWatch