10 more whistleblowers ready to speak in Boeing (NYSE:BA) case

If the entire Boeing (NYSE:BA) the affair did not appear to be difficult enough, the two recent deaths of whistleblowers in this affair could have done the trick. But now it turns out there’s a whole new generation of whistleblowers ready to step up and start testifying. Despite this, shares of Boeing were up nearly 2% on Monday afternoon.

Interestingly, this “all-new crop” is actually quite substantial: 10 new whistleblowers are about to provide their take on what’s going on at Boeing, and they’re all coming together under one umbrella. central ideological banner: “People’s lives are at stake.”

Given that one whistleblower died of an infection and the other shot himself to death, it should come as no surprise that “conspiracy theories” have already emerged around these deaths. And lawyers on both sides — particularly the representative for the first two whistleblowers, Brian Knowles — aren’t particularly interested in talking about these possibilities either.

All this and union problems too

And at the worst possible time, Boeing found itself embroiled in union unrest. He recently locked out a list of union firefighters who had been negotiating with Boeing for two and a half months. This is the first time in more than 40 years that such a lockout has taken place. Meanwhile, Boeing turned to its relief plan, calling for “highly trained firefighters” who do the work of union firefighters and ensure “…safe operations at our Puget Sound region sites.”

Is Boeing stock a buy or a sell?

As for Wall Street, analysts have a Moderate Buy consensus rating on BA stock based on 15 Buys, eight Holds, and two Sells assigned over the past three months, as shown in the chart below. below. After a 7.08% loss in its stock price over the past year, BA’s average price target of $222.48 per share implies 21.55% upside potential.

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