General Dynamics price target raised to $381 from $369 at UBS

UBS analyst Gavin Parsons raised the firm’s price target on General Dynamics (GD) to $381 from $369 and keeps a Neutral rating on the shares. Marine and Aerospace continue to deliver strong results and underpin the bullish view on General Dynamics, with solid growth prospects supporting the stock’s re-rating, the analyst tells investors in a research note. However, margin expansion remains constrained by supply chain pressures, particularly at Gulfstream, where guidance was cut again despite year-over-year improvement, limiting near-term upside to consensus expectations, the firm says.