Wells Fargo analyst Matthew Akers raised the firm’s price target on General Dynamics (GD) to $282 from $236 and keeps an Equal Weight rating on the shares. The firm says GD declined to provide tariff impact, although given comments from Textron (TXT) and a largely U.S.-based or USMCA-compliant supply chain, Wells sees the impact as manageable. It thinks there is likely upside to guidance which excludes share repo.
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