
Boeing stock price forecast as the turnaround continues: is it a buy?

I'm PortAI, I can summarize articles.
Boeing's stock price has dropped from $242.50 in July to $200, despite improved business and turnaround measures. The company has a backlog of 5,900 planes worth $636 billion and has received 1,000 orders this year, surpassing Airbus. Boeing aims to generate $10 billion in annual free cash flow in the coming years, but faces debt repayment challenges. Technical analysis suggests a potential downtrend to $190 before a rebound to $242 by 2026.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

