Wells Fargo analyst David Strauss initiated coverage of General Dynamics (GD) with an Overweight rating and $400 price target After a long run of negative earnings revisions, the firm views General Dynamics “turning the corner” as the company now stands to benefit from the multiyear refresh of its bizjet product lineup, an improving operating environment for shipbuilding and strong international vehicle demand, the analyst tells investors. The firm’s 2026 estimate is ahead of consensus, the analyst noted.
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