Deutsche's Myles Walton raises the price target on Boeing (BA +0.4%), General Dynamics (GD...

|About: The Boeing Company (BA)|By:, SA News Editor

Deutsche's Myles Walton raises the price target on Boeing (BA +0.4%), General Dynamics (GD +1.1%), L-3 Communication (LLL +1.2%), Precision Castparts (PCP +0.3%), and Triumph Group (TGI -0.1%) as the bank says "recent IATA air traffic and capacity figures point to modest acceleration, which should drive positive commentary on earnings calls." Walton sees double-digit Y/Y growth in commercial original equipment manufacturers, sequential growth in aftermarket sales, and says investors may see "a small uptick to guidance" for BA going forward. New PT for BA is $125. (See also: UBS bullish on PCP; GD could get Jones Act boost)