Jefferies Maintains a 'Buy' on Boeing (BA); An Oval Window of Opportunity

Jefferies maintains a 'Buy' on Boeing (NYSE: BA) price target of $87.00.

Analyst, Howard A. Rubel, said, "Boeing hosted investors at a reception for Mr. Ray Conner, the new President of Commercial Airplanes, and its senior finance staff. Our EPS estimates for 2012 and 2013 remain unchanged at $4.70 and $5.65. We believe the company's current book of business coupled with its operational excellence could deliver above average shareholder returns."

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 $71.52 yesterday.

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