General Dynamics price target raised to $385 from $380 at JPMorgan

JPMorgan raised the firm’s price target on General Dynamics (GD) to $385 from $380 and keeps an Overweight rating on the shares as part of its aerospace and defense outlook for 2026. The outlook for sector remains mostly positive into 2026, the analyst tells investors in a research note. In aerospace, JPMorgan expects strong demand and a gradual supply increase to drive “visible growth.” The outlook for defense is “more nuanced,” the firm adds.