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Fly News Breaks for May 17, 2016
GD
May 17, 2016 | 07:52 EDT
Cowen raised its price target on General Dynamics to $165 from $158 and said they remain bullish on the stock, which is their top defense pick. The firm sees trough profit levels at Gulfstream, along with strong product momentum, defense EBIT growth and above average financial flexibility. Cowen reiterated its Outperform rating on General Dynamics shares.
News For GD From the Last 2 Days
GD
Apr 24, 2024 | 08:50 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here
GD
Apr 24, 2024 | 07:00 EDT
Reports Q1 revenue $10.7B, consensus $10.32B. "Our businesses delivered solid operating results in the quarter, growing revenue and backlog, while expanding margins, even as we awaited G700 certification," said Phebe N. Novakovic, chairman and chief executive officer. "In the Aerospace segment, the recent FAA certification of the Gulfstream G700 has enabled us to begin customer deliveries. This is a strong start to 2024 and we remain confident in our outlook."