Benchmark Reiterates Buy on AeroVironment, Raises PT from $34 to $38 - AeroVironment (NASDAQ:AVAV)

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

Benchmark reiterated its Buy rating on AeroVironment (NASDAQ: AVAV). At the same time, Benchmark raised its price target on the company's stock from $34 to $38.In a research report published today, Benchmark states, "We are increasing our FY12 revenue and EPS to $328 million and $1.32, respectively, from $315 million and $1.24. We increase our price target from $34 to $38, representing a 12x FY12 EV/EBITDA multiple, and reiterate our BUY."On Tuesday, AeroVironment lost 0.03% of its value to finish the day at $28.61. Its shares skyrocketed in today's pre-market trading, however, surging 12.76% to $32.26.

27% profit every 20 days?

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