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737 MAX wiring rework pause → 500-jet China order near, $246 avg analyst PT

Boeing paused 737 MAX deliveries to perform rework on a batch of aircraft with scratched wiring caused by a machining error, though the company stated the issue would be resolved "in days, not weeks" with full-year delivery targets of approximately 500 aircraft unchanged. The stock is near $213, trading 8% below its recent market cap peak, but Boeing is reportedly close to a landmark order of around 500 737 MAX jets from China anticipated around a Trump–Xi summit. Multiple analysts maintain Buy ratings with a consensus target of $246.14, while the company secured $2.83 billion in new U.S. defense contracts.

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