BofA raised the firm’s price target on AeroVironment (AVAV) to $450 from $300 and keeps a Buy rating on the shares. Following the firm’s Space, Cyber, and Directed Energy facility tour and meeting with both management and customers at the 2025 AUSA, the firm is reassured in its positive assessment of the BlueHalo acquisition, says the analyst, whose raised target is based on higher growth and a stronger multiple.
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