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Analyst: If Elon Musk serves in the White House and fulfills budget reduction commitments, stocks sensitive to government spending will be affected.
11月5日格隆汇｜Only one day left before the USA presidential election, strategists are busy preparing for the potential economic impact of either Trump or Harris winning, including tax, tariffs, and immigration policies. However, investment professionals are planning for another risk of Trump winning, which is Musk serving in the White House. Trump has stated that if he wins, he will establish a government efficiency committee led by Musk. Musk pledged last week to cut the USA federal budget by at least 2 trillion dollars. Piper Sandler & Co. has now listed the top 100 sectors that may be most affected by this plan.
Barclays Maintains General Dynamics(GD.US) With Buy Rating, Maintains Target Price $330
General Dynamics Corporation (NYSE:GD) Shares Could Be 38% Below Their Intrinsic Value Estimate
General Dynamics Is Maintained at Hold by Deutsche Bank
Deutsche Bank Maintains General Dynamics(GD.US) With Hold Rating, Cuts Target Price to $306
Deutsche Bank Trims Price Target on General Dynamics to $306 From $309, Keeps Hold Rating
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