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.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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