RBC Capital raised the firm’s price target on General Dynamics (GD) to $330 from $315 and keeps a Sector Perform rating on the shares. General Dynamics reported a strong Q2, but RBC Capital continues to see headwinds in the defense portfolio, and near-term Aero margins face mix headwinds, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GD:
- Sarepta initiated, Spotify upgraded: Wall Street’s top analyst calls
- General Dynamics price target raised to $333 from $309 at UBS
- General Dynamics price target raised to $365 from $315 at Susquehanna
- General Dynamics price target raised to $350 from $283 at Baird
- General Dynamics price target raised to $368 from $348 at Citi