Boeing Turnaround Will Require 'Hurculean' Effort—Here's Why Analysts Are Optimistic
BABoeing(BA) Investopedia·2024-10-24 22:11

Key TakeawaysBoeing reported a $6 billion quarterly loss on Wednesday and has seen its shares decline 40% this year, yet no Wall Street analysts tracked by Visible Alpha recommend selling the stock.Workers rejected a new contract proposal on Wednesday evening, extending a costly monthlong strike and leaving in place a major hurdle standing between the company and a long-awaited turnaround.Boeing's return to glory could take a decade, according to Bank of America analysts, who are optimistic the company can ...