Boeing (NYSE: BA) stock delivered another double-digit one-day drop that investors have, unfortunately, gotten used to over the past decade. In a nutshell, management told investors probably the last two things they would have wanted to hear. Production targets on the narrow-body 737 MAX have been pushed out, as have free cash flow (FCF) projections. As a result, it's no surprise that a slew of Wall Street analysts lowered their price targets on the stock. Still, what should investors do now? I won't sugarcoat matters; this was a disappointing update from Boeing. Moreover, the company faces a significant risk event in 2027 related to certification of the wide-body 777X.
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