Boeing (BA) shares are rising as CFO Jay Malave stated the company’s recovery is strong, with stock up 50% from April low. The acquisition of Spirit AeroSystems (SPR) will stabilize supply chain. Analysts predict potential upside of 27-41% for BA stock, with a target price of $255-$285.

Malave expects an increase in 737 and 787 deliveries, with FAA certification for MAX 10. Boeing aims for $10 billion in annual free cash flow and is positioned for sustainable growth. Analysts believe BA could nearly double in value by the end of the decade, with sales multiple at just over 2x.

Read more at Yahoo Finance: Boeing Stock Looks Set to Challenge Its 50-Day MA. Should You Buy BA on Turnaround Hopes?