Boeing stock climbed 2.4% on Monday after Bernstein upgraded the stock to outperform, according to Investor's Business Daily. Bernstein cited progress on the company's recovery and the stabilization of jet production. Bernstein expects Boeing's 737 MAX output to reach 38 planes per month by July and 42 by year-end, with 787 production also ramping up. Boeing's defense outlook strengthened after it was selected by Trump to build the F-47 fighter jet, while tariff impacts and China's delivery halt were described as manageable. Riyadh Air has stepped in to absorb jets originally planned for China.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Boeing's stock climbed 2.4% on Monday after Bernstein upgraded the stock to outperform
00:06citing progress on the company's recovery and stabilization of jet production.
00:11Bernstein expects Boeing's 737 MAX output to reach 38 planes per month by July and 42 by year
00:17end, with 787 production also ramping up. Boeing's defense outlook strengthened after
00:22it was selected by Trump to build the F-47 fighter jet, while tariff impacts and China's
00:27delivery halt were described as manageable. Ride Air has stepped in to absorb his jets
00:32originally planned for China. For all things money, visit Benzinga.com slash GSTV.