Boeing’s labor standoff in St. Louis shows no signs of resolution as the aerospace giant pushes forward with plans to hire permanent replacement workers, according to TipRanks. A Tuesday mediation session collapsed after just minutes of discussion, with union leader Tom Boelling calling it a “waste of time.” Boeing’s Dan Gillian reiterated that the company would only consider minor adjustments within its existing “richest-ever” offer. Shares of Boeing slipped modestly on Wednesday. Boeing maintains a Strong Buy consensus, with an average $261.72 target suggesting nearly 16% upside after a 42% rally over the past year.
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