General Dynamics (GD) Tops Q3 EPS by 10c

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Go back to General Dynamics (GD) Tops Q3 EPS by 10c

Jefferies Raises Price Target on General Dynamics (GD) Following 3Q

October 27, 2016 9:40 AM EDT

Jefferies reiterated a Buy rating on General Dynamics Corp. (NYSE: GD), and raised the price target to $175.00 (from $167.00), following the company's 3Q earnings report. Jefferies reported revenues of $7.7BB, down 3.3% y-o-y, but nearly matched estimates. Aerospace sales declined 13.9% to $2.0BB due to lower deliveries of... More