RBC Capital keeps an Outperform rating and $300 price target on AeroVironment (AVAV) ahead of its Q1 results later today – the first time that the Blue Halo acquisition is included in results. Backlog growth and revenue visibility for FY26 will be the most important watch items for investors, though the firm continues to believe that the company is very well-positioned to take advantage of today’s defense environment, the analyst tells investors in a research note.
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