General Dynamics Corp. (GD) PT Raised to $260 at BofA/Merrill Lynch; 'Undervalued Defense Exposure with Strong Bizjet Demand'

General Dynamics (GD) Shares Rise Following Positive Comments From Bank of America

January 25, 2018 10:04 AM EST

Shares of General Dynamics (NYSE: GD) about 1.25% Thursday morning following a price target raise by Bank of America/Merrill Lynch to $260.00 (from $245.00) with a Buy rating.

Analyst Ronald Epstein believes GD offers investors an undervalued defense option possessing strong business jet demand. The... More

General Dynamics Corp. (GD) PT Raised to $259 at Credit Suisse

January 25, 2018 9:12 AM EST

Credit Suisse raised its price target on General Dynamics Corp. (NYSE: GD) to $259.00 (from $238.00) while maintaining a Outperform rating.

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General Dynamics Corp. (GD) PT Raised to $235 at Citi on 'Very Strong G650 Orders'

January 25, 2018 7:18 AM EST

Citi raised its price target on General Dynamics Corp. (NYSE: GD) to $235.00 (from $215.00) while maintaining a Neutral rating, following reports of a surge in Gulfstream G650 orders.

Analyst Jonathan Raviv notes a positive outlook on the shares, following a report from the... More

General Dynamics (GD) Offers FY18 Guidance

January 24, 2018 9:23 AM EST

General Dynamics (NYSE: GD) sees FY EPS of $10.92-$11 vs $10.94 consensus on revenue of $32.35-$32.45 billion vs $32.97 billion consensus.

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General Dynamics cites slow government action for sales miss

January 24, 2018 7:50 AM EST

By Mike Stone and Arunima Banerjee

(Reuters) - General Dynamics Corp (NYSE: GD) said on Wednesday the U.S. administration's lack of appointees at the Pentagon and failure of Congress to pass a federal budget contributed to the aerospace and defense company missing analysts' sales expectations.

Although revenue grew to $8.28 billion from $7.65 billion last year, it was below expectations for $8.38 billion.

General Dynamics Chief Executive Phebe Novakovic said on a call with analysts the company was not able to convert its backlog of orders into revenue quickly enough last... More

General Dynamics (GD) Tops Q4 EPS by 12c

January 24, 2018 7:31 AM EST

General Dynamics (NYSE: GD) reported Q4 EPS of $2.50, $0.12 better than the analyst estimate of $2.38. Revenue for the quarter came in at $8.3 billion versus the consensus estimate of $8.41 billion.

Fourth-quarter diluted EPS expanded 11.1% to $2.10; adjusted EPS, excluding the impact of tax reform, was $2.50, up... More