** Defense conglomerate General Dynamics' shares GD.N fall 0.7% to $249.60 premarket
** BTIG downgrades rating to "neutral" from "buy", reiterates PT of $345
** Says regulatory hurdles and supply chain woes unlikely to recede, and further weigh on aerospace segment numbers
** "The weaker margin outlook coupled with greater working capital demands trickles down to weaker free cash flow performance," BTIG adds
** 13 brokerages rate the stock "buy" or higher, 11 "hold" and 1 "sell"; their median PT is $285 - LSEG compiled data
** In 2024, stock had risen 1.5%
(Reporting by Aatreyee Dasgupta)
((Aatreyee.Dasgupta@thomsonreuters.com))
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