Barclays Maintains an 'Overweight' on Boeing (BA); Q2 Preview: Expecting 'Beat and Raise'

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Barclays maintains an 'Overweight' on Boeing (NYSE: BA) price target of $96.00.

Analyst, Carter Copeland, sees recent investor fears of moderating orders as being overblown. Copeland expects Q2 to be another strong quarter and raises his EPS estimate to $1.15.

For FY13, he revises down his estimate from $6.00 to $5.85, citing commentary on pricing pressures of the 737.

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 $73.89 yesterday, with a 52 week range of $56.01-$77.83.

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