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JPMorgan analyst Seth Seifman raised the firm’s price target on Boeing (BA) to $200 from $190 and keeps an Overweight rating on the shares, noting that the firm emerged from Boeing’s earnings report and call “with incremental confidence in the outlook and our model” for “the first time in a while.” The firm acknowledges “there are still steep mountains to climb,” and notes it is not changing estimates “dramatically,” though it is boosting this year’s 737 and 787 delivery estimates “somewhat” and tweaks up the out-years as well with a higher starting point.
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