Jefferies analyst Sheila Kahyaoglu maintains $General Dynamics (GD.US)$ with a buy rating, and maintains the target price at $350.
According to TipRanks data, the analyst has a success rate of 63.3% and a total average return of 11.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $General Dynamics (GD.US)$'s main analysts recently are as follows:
General Dynamics' third-quarter financial results showcased an impressive 10% growth in total revenue, bolstered by robust performances in the Aerospace and Marine divisions. Despite the earnings per share for Q3 falling short of projections owing to reduced G700 deliveries, the outlook on G700 deliveries was seen in a more positive light, with anticipations set for 27 deliveries in the fourth quarter.
General Dynamics has been projected to accomplish 27 G700 deliveries in the fourth quarter, a target that may present challenges due to ongoing supply chain complications that have previously caused delays in deliveries during the second and third quarters.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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