The action is especially heartening after Boeing's messy third-quarter earnings report in October.
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Production improvements, coupled with improving free cash flow, tell us the stock should move higher this year.
The planemaker reiterated its full-year cash flow guidance and continues to makes progress on long-delayed plane deliveries.
New data offers a promising sign for the metric Wall Street cares most about for a Boeing turnaround.
The bank initiated the aerospace and defense stock with a buy rating.
"Boeing reported one of its cleanest quarters in recent years," said BofA.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of…
