The Benchmark Company Maintains Buy Rating and $38 PT on AeroVironment
A report from The Benchmark Company reiterates its Buy rating and $38 price target on AeroVironment (NASDAQ: AVAV).
The report states, “AVAV is scheduled to report its Q2FY12 (October end) results on Tuesday, December 6, after the close. The call is at 4:30 PM EST. We expect the company to report an in-line or better than expected quarter based on funded backlog and bookings. Q2 consensus sales and EPS estimates are $74.5 million and $0.20 vs. our estimates of $74.3 million and $0.20.”
AVAV closed Friday at $28.78.
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