Boeing Preps For A Rough Q1 Takeoff - But $10.55 Billion Cash Deal Could Provide A Soft Landing
1. Boeing faces challenges with a 7% YTD drop and 11% monthly decline. 2. Announced a $10.55 billion asset sale to Thoma Bravo to strengthen finances. 3. Sale includes assets like Jeppesen; aims to restore investor confidence. 4. Current technical indicators show bearish trends despite slight recent gains. 5. Analysts predict potential downside, with price targets ranging from $146 to $199.