Buy Boeing shares because the 737 Max is 'too big to fail,' analyst says

Analysts at Berenberg are calling Boeing a 'tough sell' as they see the 737 Max model that had two deadly crashes 'too big to fail.'

Analysts at Berenberg are calling Boeing a"tough sell" as they see the 737 Max model that had two deadly crashes as"too big to fail" for the company and the industry.

Berenberg kept its buy rating on Boeing, betting that the primary factor in the two deadly crashes is the flight control system, which the Federal Aviation Administration is expected to sign off on the software fix on March 25. The analyst expect the impact to be temporary and the grounded fleet to be back in service in the third quarter.

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