GD Crosses Above Average Analyst Target
March 08, 2021 at 09:03 AM EST
In recent trading, shares of General Dynamics Corp (GD) have crossed above the average analyst 12-month target price of $169.92, changing hands for $170.52/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..