Jefferies Reiterates Buy on Boeing Following High Quarterly Commercial Deliveries

In a report published Friday, Jefferies analyst Howard A. Rubel reiterated a Buy rating and $115.00 price target on

. In the report, Jefferies noted, “BA delivered 169 civil jet transports in the second quarter of 2013, the highest since 1998:Q4, when it shipped 191 aircraft. The year-ago quarter had 150 deliveries. We estimate the company can deliver over 650 jetliners in 2013 vs. the 601 in 2012.” The Boeing Company closed on Wednesday at $102.89.