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Boeing June deliveries cap off solid quarter, says Susquehanna

Susquehanna analyst Charles Minervino noted Boeing announced strong June 2023 aircraft deliveries of 60, bringing total 2Q23 deliveries to 136. 737 June deliveries of 49 (48 MAX planes) bring the total 2Q23 total to 103, signaling strong rebound progress from the MAX vertical attachment defect first announced in April. The numbers reassure our confidence that Boeing will continue effectively navigating near-term production hiccups. Susquehanna maintains its Positive rating and $250 price target on Boeing shares.

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