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General Dynamics price target lowered to $283 from $298 at Citi
The Fly

General Dynamics price target lowered to $283 from $298 at Citi

Citi analyst Jason Gursky lowered the firm’s price target on General Dynamics to $283 from $298 and keeps a Buy rating on the shares. The company’s Q4 results and guidance "point to a slow grind higher," the analyst tells investors in a research note. The firm remains constructive on the outlook for Aero over the next several years given recent booking trends and management’s desire to reduce customer lead-times for aircraft.

Published first on TheFly

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