General Dynamics inches up after Deutsche Bank upgrades to 'buy', lifts PT

** Shares of aerospace and defense firm General Dynamics GD.N up 1% at $299 in early trade

** Deutsche Bank upgrades co to 'buy' from 'hold', lifts PT to $342 from $298, an upside of 16% to the stock's last close

** Expects co's EPS to beat Wall Street estimates by 6% and optimistic co will raise annual EPS forecast

** In April, co's Q1 adj EPS and revenue beat estimates

** Average of 24 brokerages rate the stock equivalent to 'hold', median PT is $297.50- data compiled by LSEG

** Including session moves, shares are up 13.4% YTD