JPMorgan raised the firm’s price target on General Dynamics (GD) to $380 from $345 and keeps an Overweight rating on the shares. The firm increased estimates citing the company’s “solid” quarter and notes its balance sheet capacity is growing.
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Read More on GD:
- General Dynamics price target raised to $388 from $355 at Bernstein
- General Dynamics: Strategic Positioning and Robust Demand Drive Positive Outlook
- Jefferies aerospace/defense analysts hold an analyst/industry conference call
- General Dynamics price target raised to $385 from $360 at Morgan Stanley
- General Dynamics price target raised to $390 from $350 at Baird
