Edward Jones lowered its rating of Boeing shares to hold from buy on Monday.
Edward Jones lowered its rating of Boeing shares to hold from buy on Monday, saying the company's second deadly crash of its 737 MAX 8 aircraft in the past five months may have a tangible effect on near-term earnings.
Ethiopian Airlines Flight 302 crashed just after takeoff in a rural area southeast of Addis Ababa, killing all 149 passengers and eight crew members on board. The flight was operated on the same new Boeing model that went down in the Java Sea in October, which killed all 189 people on board.
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