UPDATE: Societe Generale Raises Boeing's PT

According to a research report published earlier today, Societe Generale has increased Boeing's

PT from $64 to $68. Societe Generale commented in the report, "Despite this a strong Q1 2012 guidance remains unchanged with only a 10 cent increase in EPS on lower litigation-related expenses. The group is still aiming at sales in the $78-80bn range, driven by sales in commercial airplanes in the $47.5-49.5bn range (585-600 deliveries, of which 70 to 85 will be 787s and 747-8 a/c), whereas BDS revenues are expected to decline to $30-30.5bn on operating margins of 8.5-9.0% for BCA and >9.0% for BDS, respectively." Boeing closed yesterday at $73.20.