TD Cowen has increased its price target for General Dynamics (GD, Financial) from $275 to $290, maintaining a Buy rating on the company's stock. This adjustment follows an analysis of the firm's first-quarter performance, where notable progress was observed in its Gulfstream, Marine, and Technology segments.
The raise in the price target reflects the optimistic outlook for General Dynamics' business units, which have shown promising developments. Investors are likely to consider these segments' growth prospects when evaluating the potential for future earnings.
