General Dynamics Corp. (GD) PT Raised to $325 at Jefferies, 'Gulfstream Taking Off for EPS Expected Ahead'

Jefferies analyst Sheila Kahyaoglu raised the price target on General Dynamics Corp. (NYSE: GD) to $325.00 (from $285.00) while maintaining a Hold rating.

The analyst comments "GD is scheduled to report Q2 on July 23 w/ our EPS of $3.67 ahead of cons $3.47. We est 5% organic growth in Q2 driven by Aero +12% (39 deliveries vs 37 in Q:24 + price/mix) followed by Marine +4%, while Combat presents some risk incl a review of the 155mm artillery contract (~10% of Combat). We expect a modest raise to 2025E guidance to $14.85-14.95 (from $14.75-14.85, est/cons $14.85/$14.97) on better Aero top/bottom line."

You May Also Be Interested In

• EyePoint Inc. (EYPT) PT Lowered to $8 at Jefferies
• William Blair Downgrades Enovix Corporation (ENVX) to Market Perform
• JPMorgan Upgrades Hyundai Marine and Fire Insurance (001450:KS) to Neutral