Boeing delivered 34 MAX jets in May, says Jefferies

Jefferies analyst Sheila Kahyaoglu notes that Aero Analysis Partners/AIR tracked 20 737 MAX rollouts in May and the firm estimates Boeing delivered 34 MAX jets last month. The stated MAX production rate of 31 per month is expected to go to 38 per month later this year, noted the firm, which has a Buy rating and $250 price target on Boeing shares.