# Boeing Stock Surges 13% Ahead of Q2 Earnings: Wall Street Remains Cautiously Optimistic
Discover why Boeing (BA) shares have outperformed both the broader market and aerospace sector with a remarkable 13% gain over the past month. Trading near $234 per share, Boeing's stock recently hit a new 52-week high despite mixed analyst projections for its upcoming July 29th earnings report.
In this episode, we analyze the technical indicators showing Boeing trading at the upper end of its recent range, and break down why major firms maintain a "Moderate Buy" consensus with price targets ranging from $221 to $285. We'll explore recent analyst upgrades from Citigroup, UBS, and Rothschild, and discuss what's driving institutional investor interest despite expectations of continued quarterly losses.
Learn why Wall Street remains cautiously optimistic about Boeing's long-term recovery, with analysts forecasting significant year-over-year revenue growth approaching $22 billion for Q2 2023. We examine the critical factors investors should watch in Boeing's upcoming earnings announcement, including its civil aviation order book and defense backlog performance.
#Boeing #StockAnalysis #AerospaceIndustry #InvestmentAnalysis #WallStreet #EarningsPreview #StockMarket
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