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Boeing stock has underperformed, dropping 25% relative to the S&P 500 over a 3-month period.
Earnings estimates for Boeing have been consistently wrong, but current estimates for 2024 and 2025 are looking more realistic.
We give you 3 reasons why we are upgrading and also tell you why the longer-term prognosis is not too good.
In our last update on The Boeing Company ( BA ), we warned that the risks remained high for this high-flyer and gravity was likely to be a cruel mistress in the medium term....