Information Provided By:
Fly News Breaks for May 19, 2019
GD
May 19, 2019 | 21:48 EDT
Goldman Sachs analyst Noah Poponak upgraded General Dynamics to Buy from Neutral with an unchanged price target of $204. The stock closed Friday down $3.48 to $166.67. The valuation of General Dynamics relative to its defense peers has moved to the low-end of historical ranges, Poponak tells investors in a research note. The analyst thinks higher Gulfstream margins, the G500/600 ramp, and improving free cash flow can act as catalysts to reverse sentiment on shares of General Dynamics.
News For GD From the Last 2 Days
There are no results for your query GD