Susquehanna lowered the firm’s price target on General Dynamics (GD) to $315 from $330 and keeps a Positive rating on the shares. The firm believes the Boeing (BA) resolution of the IAM work stoppage and subsequent restart of 737, 767, and 777 production are important catalysts for the Commercial Aerospace industry broadly as it prepares for 2025 and they think the steadily building production will be a positive catalyst for Boeing and many of its suppliers.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GD:
- General Dynamics price target lowered to $279 from $295 at Wells Fargo
- Tesla upgraded, ServiceTitan initiated: Wall Street’s top analyst calls
- General Dynamics price target lowered to $305 from $330 at Barclays
- General Dynamics downgraded to Hold from Buy at Vertical Research
- China Export Ban Expands to U.S. Defense Sector