Jefferies confirms its Buy recommendation on the stock, with an unchanged target of $315.

' Boeing and its major customers (namely Ryanair) are intensifying their quality control efforts in the wake of the MAX-9 grounding '.

' Boeing's plans include increased monitoring and inspection of its production facilities and those of its supplier SPR, as well as the appointment of a special advisor to make additional recommendations ' says the analyst firm.

Our bearish scenario of no MAX -7, -9 and -10 deliveries in 2024 implies an FCF of $3.3 billion in 2024 (versus our estimate of $5.5 billion)," adds Jefferies.

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