General Dynamics price target raised to $300 from $283 at Citi

Citi analyst Jason Gursky raised the firm’s price target on General Dynamics to $300 from $283 and keeps a Buy rating on the shares. The company’s Q4 results and 2024 outlook were largely in-line with expectations, the analyst tells investors in a research note. The firm says the stock reacted well to the news that G700 certification and initial deliveries will be expected in Q1.