Diamonds and Dogs
The Boeing Company (BA)
Boeing Company is soaring higher today, up 3.10% to $158.49. The aircraft manufacturer saw its shares take off after news of an upgrade. Analysts at Sterne Agee upped their price target on the aerospace company to $196 from $164 this morning. The firm said it raised its price target on Boeing based on its belief the company's free cash flow dynamic is underappreciated. Shares of Boeing rallied up over $4.75 to a new 52-week high of $158.83 intraday.
Rocket Fuel Inc. (FUEL)
Rocket Fuel is exploding today, down 25.19% to $11.05. The digital advertising company saw its shares go into freefall after reporting worse than expected earnings. For the quarter, Rocket Fuel management announced a loss of $20.5 million or an EPS of negative $0.49. Analysts' were expecting the company to lose $0.25 per share. For the year, the company reported that its loss widened to $64.3 million, or $1.74 per share. Shares of Rocket Fuel fell over $3.70 today to a new 52-week low of $10.70.