Boeing (BA) Gets Buy Rating from Citi, Completes Spirit AeroSystems Acquisition

Group 1: Company Overview - The Boeing Company (NYSE:BA) is recognized as one of the 14 Best Large Cap Stocks to Invest In Now, with a Buy rating assigned by Citi and a price target set at $265 [1] - Boeing has completed its acquisition of Spirit AeroSystems, which includes fuselages for various aircraft programs such as the 737, 767, 777, and 787 Dreamliner, as well as military aircraft [3][4] Group 2: Industry Trends - Citi has initiated coverage on 24 stocks in the aerospace and defense sector, highlighting the presence of "megatrends" that could lead to at least one company reaching a market cap of one trillion dollars in the coming years [2] - The aerospace and defense sector is expected to see improvements in trends during the fourth quarter, with positive momentum anticipated to carry into the first quarter [2]