Jefferies confirms its Buy recommendation on the stock, with an unchanged target of $270, after announcing the delivery of a total of 92 commercial aircraft in Q2 2024, bringing the year-to-date total to 175.

In detail, the aircraft manufacturer sold 70 737 models, 6 767 models, 7 777 models and 9 787 models.

'Deliveries were 136 in Q2 2023, but the group recorded a much improved June. There were 9 787 deliveries (vs. 20 in Q2 2023) and 69 MAX deliveries (70 737 in total) vs. 100 in Q2 2023 (103 737 a year ago). MAXs were delivered at a rate of 23 per month in Q2, but this rate accelerated to 34 in June' says the analyst firm.

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