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Benzinga
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Analysts Confident Boeing Is 'Gaining Altitude' Despite Q2 Loss

1. Boeing reported wider-than-expected losses despite increased revenue from deliveries. 2. Analysts maintain bullish outlook due to strong order backlog and cash flow. 3. Boeing's backlog reached $619 billion, showing confidence in future orders. 4. Improved free cash flow suggests operational recovery and resilience. 5. Production increase for the 737 expected as demand rises.

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FAQ

Why Bullish?

Analysts' continued bullish ratings and positive backlog growth indicate recovery potential. Historically, companies with strong backlogs and improved cash flow tend to recover from short-term losses.

How important is it?

The article discusses crucial earnings data and analyst ratings, which are significant for BA's valuation.

Why Long Term?

The strong backlog and order demand suggest a favorable long-term growth trajectory. Historical examples include Boeing's recovery post-737 MAX crisis, demonstrating resilience over time.

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