Berenberg Maintains Market Perform Rating for General Dynamics: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Berenberg has maintained its Market Perform rating for General Dynamics (NYSE:GD) and raised its price target from $254.00 to $258.00. The new price target represents a 17.81% increase from the current share price. General Dynamics is a defense contractor and business jet manufacturer with segments in aerospace, marine, combat systems, and technologies.
September 26, 2023 | 5:00 pm
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Berenberg has maintained its Market Perform rating for General Dynamics and raised its price target. This could potentially lead to an increase in the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. Berenberg's decision to maintain its Market Perform rating and raise its price target for General Dynamics suggests a positive outlook for the company, which could potentially lead to an increase in the stock's price.
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