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Boeing production growth, deliveries expected to increase: BofA

August 7, 2024 11:05 AM EDT

Bank of America analysts maintained a Neutral rating on Boeing (NYSE: BA) with a price target of $200 per share in a note Wednesday, anticipating further production growth and increased deliveries in the coming months.

The bank said that according to Aero Analysis Partners/AIR (AAP/AIR), Boeing's production and delivery forecasts for July remain stable, with expectations of delivering 30-32 737s and six 787s.

They note that... More