Stockpickr
Cramer's Take on Headline Stocks
Stockpickr Staff
06/23/09 - 11:32 AM EDT
Boeing(BA Quote) was falling more than 9% on Tuesday morning after its announcement that its 787 aircraft's first flight will be delayed again. A recent test flight revealed a need to reinforce part of the plane. The flight, originally schedule for 2007, had been delayed various times and was last rescheduled for June 2009.
According to The Wall Street Journal, Motorola(MOT Quote) smartphones will run on Google's(GOOG Quote) Android operating system.
In analyst upgrade-downgrade news, Friedman Billings Ramsey upgraded E*Trade(ETFC Quote) from underperform to outperform with a $2 price target. JPMorgan upgraded FedEx(FDX Quote) from neutral to overweight and raised its price target on the stock to $66 from $60. UBS upgraded ConAgra(CAG Quote) from neutral to buy with a $24 price target, and Merrill/Bank of America upgraded Motorola from neutral to buy, with a price-target increase to $9 from $7.
With this in mind, we thought we'd take a look at some of the stocks in the news and see what Jim Cramer's had to say about them lately.
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