Baird analyst Peter Arment maintains $General Dynamics (GD.US)$ with a buy rating, and maintains the target price at $345.
According to TipRanks data, the analyst has a success rate of 67.5% and a total average return of 14.4% 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 exhibited a robust 10% growth in total revenues during Q3, with significant contributions from its Aerospace and Marine divisions. Despite the Q3 EPS not meeting expectations, largely due to fewer G700 deliveries, there is an incrementally positive outlook on the delivery of G700s, with guidance indicating 27 deliveries for Q4.
General Dynamics has been projected to deliver 27 G700s in Q4, a goal that may prove challenging due to ongoing supply chain disruptions that have previously affected deliveries in Q2 and Q3.
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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