UBS Maintains Neutral on General Dynamics, Raises Price Target to $296
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Gavin Parsons has maintained a Neutral rating on General Dynamics (NYSE:GD) and increased the price target from $286 to $296.
January 29, 2024 | 3:59 pm
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POSITIVE IMPACT
UBS has maintained a Neutral rating on General Dynamics but raised the price target from $286 to $296, indicating a potential upside in the stock's value.
The increase in price target by UBS suggests a positive outlook on the stock's potential performance, which could lead to increased investor confidence and a short-term rise in stock price. However, the Neutral rating indicates that UBS does not see significant outperformance relative to the market or sector.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100