General Dynamics Corporation is trading 4.5% up at $356.42 following a bullish rating upgrade from Jefferies.
- Jefferies upgraded the stock from Hold to Buy and raised its price target to $400, citing sustained strength in the company’s marine division.
- The marine unit has consistently delivered double-digit sales increases, driving fresh investor interest in the defense contractor.
- The positive analyst sentiment comes as the company shows resilience against broader macroeconomic and geopolitical tensions.