Jefferies Upgrades General Dynamics (GD) Outlook Amid Strong Marine Business Growth
Jefferies upgraded its rating on General Dynamics Corporation (NYSE:GD) from Hold to Buy, citing strong performance in the marine segment and future U.S. Navy shipbuilding plans. The firm highlighted $125 billion allocated for submarine procurement through fiscal years 2027-2031 as a key growth driver.
Tickers: $GD
Topics: defense marine business stock upgrade