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Boeing Earnings Have Upside: Sterne Agee CRT Sees Buybacks, More Orders Coming

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Despite expectations of softer cash flow during 1Q16, Boeing Co BA 1.95% has been retiring stock aggressively through its large share buyback initiative.

Peter Arment of Sterne Agee CRT has maintained a Buy rating on the company, with a price target of $196.

1Q16 Expectations

In line with the estimates, the company delivered 176 aircraft in 1Q16, with the 787...