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Boeing Earnings: Rising Above the Trade War

Boeing (BA) will report earnings on July 25, and Robert W. Baird thinks that investors should buy the shares before the report. Analyst Peter Arment reiterated a Buy rating and $450 price target on the shares Wednesday, writing that both short- and long-term investors will benefit from owning the shares ahead of the print, as he expects favorable aircraft deliveries to lift Boeing's results. Free cash flow has long been a favorite topic for Boeing investors, and he believes that metric's "robust" outlook remains intact, given the ramp in deliveries, strong order demand, and operational execution.