General Dynamics profit beats on higher sales, raises guidance

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General Dynamics Corp. (GD) PT Raised to $222 at Vertical Research Partners

July 28, 2021 1:11 PM EDT

Vertical Research Partners analyst Robert Stallard raised the price target on General Dynamics Corp. (NYSE: GD) to $222.00 (from $208.00) while maintaining a Buy rating.

increased 2021 EPS estimate from $11.19 to $11.56, while 2022 remain at $12.79. Similarly, 2021 FCF forecast has been moved up to $3.2bn, then growing to $3.8bn in 2022.... More