Jefferies Maintains Hold on General Dynamics, Sees $385 Target
Jefferies reiterated a Hold rating on General Dynamics (GD) with a $385 price target, implying roughly 11% upside from the stock's current level of $351.06. The firm’s review of the company’s 10-K and recent results surfaced a mix of margin shifts in Aerospace, substantial backlog growth across Aerospace and Defense - led by Marine contracts - and …