Susquehanna analyst Charles Minervino raised the firm’s price target on General Dynamics to $301 from $285 and keeps a Positive rating on the shares. The firm said despite 4Q EPS coming in below our expectation, partially due to lower deliveries because the G700 did not certify in 4Q, the company continues to execute very well across all its business lines, with attractive free cash flow generation and solid order flow.
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