BofA analyst Ronald Epstein raised the firm’s price target on General Dynamics (GD) to $400 from $370 and keeps a Buy rating on the shares. Marine propelled defense growth in Q3, but the firm sees strong opportunities at Combat and Tech to benefit from the “tech-forward administration,” the Golden Dome, and international demand, the analyst tells investors in a post-earnings note.
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- General Dynamics price target raised to $380 from $345 at JPMorgan
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