BUZZ — Boeing shares drop; Jefferies flags possible delivery hit from software glitch report

* Boeing shares drop 2.6% premarket * BA identified a previously undisclosed 737 MAX software glitch that could cause an automated navigation feature to fail during landing, the Wall Street Journal reported on Saturday * Jefferies analysts say the glitch could potentially delay certification for the MAX 10 variant and hinder MAX 7 deliveries if the US Federal Aviation Administration deems it a safety issue * The FAA said it would convene a Corrective Action Review Board into the glitch * Analysts tracking Boeing rate it "buy" on average - data compiled * As of Friday's close, BA shares are down ~9% YTD, while rival Airbus has dropped ~2% (Reporting by Nandan Mandayam in Bengaluru) ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;)