Boeing (BA) Numbers Boosted at Jefferies After Best Deliveries Qtr Since 1998

Jefferies reiterated a Buy rating and $115 price target on Boeing (NYSE: BA) and raised estimates after the company delivered the highest quarter commercial deliveries since 1998

"BA delivered 169 civil jet transports in the second quarter of 2013, the highest since 1998:Q4, when it shipped 191 aircraft," analyst Howard Rubel notes. "The year-ago quarter had 150 deliveries. We estimate the company can deliver over 650 jetliners in 2013 vs. the 601 in 2012."

The firm raised Q2 EPS estimates from $1.55 to $1.60 and FY 2013 EPS estimates from $6.65 to $6.70.

For an analyst ratings summary and ratings history on Boeing click here. For more ratings news on Boeing click here.

Shares of Boeing closed at $102.89 yesterday.

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