Wells Fargo Maintains Overweight Rating for General Dynamics: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Wells Fargo has maintained its Overweight rating for General Dynamics (NYSE:GD) and increased its price target from $243.00 to $264.00. This new target price represents a 9.51% 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.
October 26, 2023 | 5:00 pm
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Wells Fargo has maintained its Overweight rating for General Dynamics and raised its price target, indicating a positive outlook for the company.
The maintained Overweight rating and increased price target by Wells Fargo indicates a positive outlook for General Dynamics. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100