Boeing Finally Turns the Tide, Wall Street Cheers in Unison

Boeing's business transformation efforts are garnering enthusiastic applause from Wall Street, with analysts' bullish sentiment for the company reaching its highest level in nearly four years this week. On Tuesday, after Argus Research and BNP Paribas raised their ratings within ten days of each other, the proportion of buy recommendations for the aircraft manufacturer rose to its highest level since October 2022. Among the 32 analysts tracked by the institutions, none recommended selling the stock.