BUZZ-Street View: Deep-sea deals and high-flying jets put wind in GD's sails

** Defense contractor General Dynamics GD.N raised its full-year profit forecast on Wednesday after reporting better-than-expected Q2 results, driven by strong performance in its Gulfstream business jet and shipbuilding businesses, which helped lift both earnings and revenue.

** Median PT of 25 brokerages covering the stock is $410 - LSEG-compiled data.

** Morgan Stanley ("overweight," PT: $465) says Aerospace momentum and rising Gulfstream deliveries should support further margin expansion, while strong order trends, gradual Marine margin improvement, and submarine contract awards provide solid long-term growth visibility.

** Jefferies ("buy," PT: $440) says GD Marine's strong momentum continues after a Q2 beat-and-raise, with Electric Boat (submarine division) securing major awards and planned investments that enhance visibility into future growth and support progress toward a higher submarine production cadence.

** Morningstar (fair value: $407) says GD's portfolio of high-quality defense businesses remains a key strength, with steady profit growth expected across its operations, while submarines and Gulfstream are seen driving faster growth than the broader portfolio.

** RBC Capital Markets ("sector perform," PT: $410) "believes submarines will remain very high-priority assets, and expects a continued upside bias to shipbuilding levels and funding".