Visit Shows Boeing (BA) Operating Tempo Picking Up - Jefferies

Jefferies analyst Howard Rubel reiterated a Buy rating and $165 price target on Boeing (NYSE: BA) saying the operating tempo of the business has taken a leap forward.

Rubel comments, "The Boeing Company hosted a reception for investors subsequent to a visit to the 777/787 final assembly plant in Everett, WA on May 20. The company will provide a business and strategic review on the 21st. Our sense is that the operating tempo of the business has taken a leap forward. Productivity gains on the 777 line are in the 3-5% per year range, and the 787 line is starting to deliver at a predictable rate."

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 $129.58 yesterday.

You May Also Be Interested In

• Northcoast Research Downgrades Boeing (BA) to Sell, 'Waiting for the final chapter'
• Stocks expected to have increasing option volume: UAL JBHT ADSK ASML ABT PLD CSX USB TRV CCI KMI LVS AA OZK SLG BA SPR ENV HE
• Prysmian SpA (PRY:IM) (PRYMY) PT Raised to EUR53 at HSBC