Argus analyst John Eade kept his Buy rating and $250 price target on General Dynamics, saying the recent pullback from the first half of the year highs driven by trade and tariff related concerns offers an attractive entry point. The analyst notes the company's "diversified business mix is attractive compared to those of many peers", with about 50% of its revenue coming from the U.S. government and thus reducing the exposure to the budget debates in Washington. Eade adds that General Dynamics has a history of "aggressively returning cash to shareholders through increased dividends", while anticipating an improvement in the cash conversion ratio to emerge from new products coming on line.