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Stock impact report

Boeing (BA) Gets Buy Rating from Citi, Completes Spirit AeroSystems Acquisition [Yahoo! Finance]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Company (NYSE:BA), assigning the stock a Buy rating and setting the price target at $265. Citi started coverage on 24 stocks in the aerospace and defense sector. The research firm pointed out that the sector is seeing “a number of megatrends” across commercial aerospace, defense, space, and shipbuilding. According to Citi, these trends could lead to at least one company having a market cap of one trillion dollars in the coming years. The research firm thinks that The Boeing Company (NYSE:BA) offers an “unusually attractive mega-cap turnaround” story. For the aerospace and defense sector, Citi's analyst expects to see trends improve in the fourth quarter, with momentum carrying into the first quarter. Pixabay/Public Domain In other news, on December 8, The Boeing Company (NYSE:BA) reported that it has concluded its acquisition of Spirit AeroSystems. This transaction includes fuselages for the 737 program and key structures for the 767, 777, and 787 Dreamliner. Additionally, the d Show less Read more
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