Bernstein lowered the firm’s price target on General Dynamics (GD) to $290 from $298 and keeps a Market Perform rating on the shares. The firm notes General Dynamics reported Q4 earnings on January 29th, with a beat on revenues and EPS. Bernstein is lowering its 2025 EPS estimates to $14.86 from $16.57, primarily due to a lower margin outlook in Aerospace than it expected.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GD:
- General Dynamics price target lowered to $300 from $315 at Susquehanna
- General Dynamics price target lowered to $315 from $340 at Morgan Stanley
- General Dynamics price target lowered to $280 from $290 at RBC Capital
- General Dynamics Reports Strong 2024 Financial Growth
- General Dynamics says supply chain cadence ‘pretty good’