Citizens JMP raised the firm’s price target on AeroVironment (AVAV) to $400 from $325 and keeps an Outperform rating on the shares. AeroVironment, at its Investor Open House event, framed a $75B+ fiscal 2030 total addressable market opportunity with explicit compound annual growth rates for the first time, the analyst tells investors in a research note. The firm continues to like AeroVironment as an opportunity for long-term capital appreciation.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AVAV:
- AeroVironment price target raised to $389 from $295 at Stifel
- AeroVironment Stockholders Approve Equity Plan Amendment
- AeroVironment selected for 10-year, $499M Air Force contract
- AeroVironment price target raised to $365 from $320 at Jefferies
- AeroVironment price target raised to $350 from $267 at Baird