This morning, Credit Suisse lowered its price target on shares of Boeing (NYSE:BA) to $87.50 as pension obligations could reduce earnings. In the report, Credit Suisse maintained its outperform rating, but lowered its EPS estimates.
Shares of Boeing are flat this morning, trading just below $70 per share.
RBC downgraded shares of Texas Instruments (NASDAQ:TXN) from outperform to sector perform as end-market demand is decreasing. With the downgrade, RBC set a price target of $28 per share.
TXN shares were lower on the news, falling 1.6% so far.
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