Boeing slides 4.4% despite beat; Analysts call it overdone
Boeing stock fell 4.4%, its sharpest drop in a month, even as it posted a smaller-than-expected Q2 loss and beat revenue forecasts. Cash outflow was just $200M vs $1.8B expected. Barclays called the selloff surprising, raising its target to $255. With aircraft deliveries rising and 737 Max output steady, analysts remain bullish despite delays in Max-7 and Max-10.