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General Dynamics price target lowered to $380 from $385 at Jefferies

Jefferies analyst Sheila Kahyaoglu lowered the firm’s price target on General Dynamics (GD) to $380 from $385 and keeps a Hold rating on the shares ahead of the company’s Q1 report expected in late April. The firm’s EPS estimate of $3.56 is 3% below consensus, driven by a Q1 revenue growth estimate of 1%, below consensus calling for 4% growth, the analyst tells investors in a preview.

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