Bernstein Maintains Market Perform on General Dynamics, Lowers Price Target to $331
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Douglas Harter has maintained a Market Perform rating on General Dynamics (NYSE:GD) but has lowered the price target from $343 to $331.
October 24, 2024 | 6:29 pm
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Bernstein has maintained a Market Perform rating on General Dynamics but lowered the price target from $343 to $331, indicating a slightly less optimistic outlook.
The lowering of the price target from $343 to $331 by Bernstein suggests a less optimistic view on General Dynamics' future performance, which could lead to a short-term negative impact on the stock price. The Market Perform rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100