Bullish
Boeing's 737 Max 7 Receives FAA Approval, Shares Surge 8%
Boeing's 737 Max 7 has been approved by the FAA for passenger flights, leading to an 8% surge in shares. Additionally, BNP Paribas upgraded Boeing's stock rating to 'Buy' with a price target of $300, citing expectations of increased free cash flow.
Key points
- FAA approves Boeing's 737 Max 7 for passenger flights, shares rise 8%.
- BNP Paribas upgrades Boeing to 'Buy', raises price target to $300.
- Analysts anticipate Boeing's free cash flow could reach $7 billion by 2027.
Sources
AI-generated from public news sources. Not financial advice.
