Jefferies raise PT on General Dynamics after estimating better 2025 earnings

Jefferies raise price target on aerospace and defense co General Dynamics GD.N to $285 from $280; maintains "hold" rating on stock

New price target shows 4.8% upside to the stock's last close

Brokerage raised 2025 EPS forecast to $14.80/share from $14.75/share due to better start in marine business

Says expected 2025 revenue growth in aerospace segment 12%

Forecasted 2025 revenue growth in defense 3% and marine 4%- Jefferies

Brokerage expects aerospace deliveries to be up 10% in 2025 supported by new models

GD beat analyst estimates of adj EPS for consecutive two quarters

11 of 25 brokerages rate the stock "buy" or higher, 13 "hold" and 1 "sell"; their median PT is $285.13- LSEG

As of last close, stock had risen 3.2% YTD