Shares of General Dynamics (GD) shakes off a $12 price target cut to $73 from Bernstein, and...

|About: General Dynamics Corporation (GD)|By:, SA News Editor

Shares of General Dynamics (GD) shakes off a $12 price target cut to $73 from Bernstein, and tack on a 1.4% gain as investors eye a single-digit P/E ratio and 3.2% dividend yield. So far, the defense contractor has avoided any major potholes as it negotiates a road of potential DoD spending cuts.