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AeroVironment initiated with an Outperform at BNP Paribas Exane

BNP Paribas Exane analyst Matthew Akers initiated coverage of AeroVironment (AVAV) with an Outperform rating and $355 price target The firm views AeroVironment as “best positioned” for several Department of War priorities and thinks the growth backdrop warrants a premium, the analyst tells investors.

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