“While the strike ending and workers returning to the shopfloor is a meaningful step in the right direction, ramping [production] back up will take time," Bank of America Global Research analysts said, maintaining their Neutral rating on the stock with a price target of $170.

The new offer delivers higher pay increases and a bolstered ratification bonus that would deliver each worker $12,000 if the union approves the deal, according to the International Association of Machinists and Aerospace Workers (IAM), the union representing 33,000 Boeing workers in Washington, Oregon and California.

Boeing union members in Seattle on Nov. 4 shared mixed feelings after a majority voted in favor of a deal, ending a two-month strike.

The strike at Boeing is over. West Coast factory workers voted to accept a new offer on pay that will see them get a 38% bump over four years.

Boeing workers voted to accept a new labor contract and end a strike that’s crippled jetliner production for more than seven weeks. Some 59% of union members voted in favor of the accord, according to the International Association of Machinists and Aerospace Workers district representing the some 33,