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Renaissance Technologies Invests $10.36 Million in General Dynamics After Strong Q2

General Dynamics logoGeneral Dynamics
Sig3.05Sen+3.70Env0.00Soc0.00Gov0.00

Renaissance Technologies LLC disclosed a new stake in General Dynamics via its latest 13F filing. UBS and Jefferies upgraded the stock to buy ratings with higher price targets. General Dynamics also reported strong Q2 results, with adjusted earnings of $4.24 per share and revenue of $14.09 billion, both above estimates, while major holders like Vanguard and JPMorgan increased positions.

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