Boeing Co.’s resuming sales of its 737 Max jets to China would be a “significant positive” development for the aerospace and defense company, helping offset the impact of newly disclosed problems with the aircraft family, a Wall Street analyst said Friday.
Boeing stock BA, +2.81% gained more than 2% Friday, and it is ending the week about that much in the red. “For investors, we believe the focus could increasingly shift to [2025 and 2026] delivery and FCF outlook, as this news could provide more support to the 2025/2026 guidance,” the analyst said.
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