General Dynamics (GD) Tops Q3 EPS by 15c

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Lower Tax Rate and Buyback Help General Dynamics (GD) Increase EPS Guidance; RBC Capital Raises Price Target to $169

October 29, 2015 7:01 AM EDT

RBC Capital reiterated an Outperform rating on General Dynamics Corp. (NYSE: GD), and raised the price target to $169.00 (from $165.00), following the company's 3Q15 earnings results. 3Q15 EPS of $2.28 came in ahead of consensus at $2.13. On the call, management raised 2015 EPS guidance from... More