Boeing Analyst Buy Ratings Hit 4-Year High After FAA Certification

Wall Street buy recommendations for Boeing reach peak since Oct 2022, with zero sell ratings among 32 analysts, following long-awaited FAA approval for the 737 Max 7.

Woofun AI reports that bullish sentiment toward Boeing has reached its highest level in nearly four years, driven by consecutive rating upgrades from Argus Research and BNP Paribas. Among 32 tracked analysts, none advised against selling the stock, marking a unanimous positive stance.

This shift coincides with the U.S. Federal Aviation Administration granting long-term certification for the 737 Max 7 last week, concluding a nearly decade-long process complicated by fatal crashes and quality concerns. CEO Stephanie Pope characterized the event as "a critical moment in Boeing's recovery." Despite the optimism, Boeing's stock has risen only 6% this year, lagging behind the broader market's 13% gain and competitor Airbus's 8% increase.