Wall Street sets Boeing stock price for the next 12 months

After months of robust stock price recovery, Boeing (NYSE: BA) faced a fresh wave of challenges at the onset of 2024. The aerospace giant witnessed a substantial plunge, hitting the lowest point in over a month, triggered by renewed concerns surrounding the beleaguered 737 Max model. The 737 MAX 9, operated by Alaska Airlines, made headlines after a mid-air incident led to an emergency landing, raising apprehensions among investors about Boeing’s potential business setbacks. The Federal Aviation Administrat ...