Oppenheimer Downgrades General Dynamics Corp. (GD) to Perform

January 26, 2012 8:22 AM EST Send to a Friend
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Price: $78.29 +2.82%

Rating Summary:
    7 Buy, 8 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 35 | New: 23
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Oppenheimer downgraded General Dynamics Corp. (NYSE: GD) from Outperform to Perform, saying the company posted a solid quarter but it doesn't get any easier going forward.

With little apparent room for near-term estimate revisions or multiple expansion they are downgrading shares.

For an analyst ratings summary and ratings history on General Dynamics Corp. click here. For more ratings news on General Dynamics Corp. click here.

Shares of General Dynamics Corp. closed at $71.57 yesterday, with a 52 week range of $53.95-$78.27.


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