Boeing: Jefferies still a buyer
(CercleFinance.com) - On Tuesday, an analyst at Jefferies confirms his "buy" rating on the Boeing share, even though he has reduced his EPS estimate for the period 2019-2021, after reviewing the delivery rate of aircraft.
"A more moderate order flow from China will probably lead to a decline in the production rate of 787 from 2021," said Jefferies, who continues to believe "that the MAX will be recertified in 19".
Meanwhile, the analyst confirms his target price of 430 dollars for the share.
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