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General Dynamics price target lowered to $290 from $298 at Bernstein

General Dynamics price target lowered to $290 from $298 at Bernstein

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.

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