Goldman Sachs Maintains Neutral on General Dynamics, Raises Price Target to $284
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Noah Poponak maintains a Neutral rating on General Dynamics (NYSE:GD) and raises the price target from $253 to $284.
April 16, 2024 | 1:40 pm
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Goldman Sachs maintains a Neutral rating on General Dynamics but raises the price target from $253 to $284.
The increase in price target by Goldman Sachs suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on the stock price. The Neutral rating indicates that the stock is expected to perform in line with the market, but the raised target price signals an adjustment to the expected stock value based on recent data or market trends.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100