Canaccord Genuity Maintains Buy Rating for AeroVironment: Here's What You Need To Know

Canaccord Genuity has decided to maintain its Buy rating of AeroVironment AVAV and raise its price target from $100.00 to $105.00.

Shares of AeroVironment are trading up 3.61% over the last 24 hours, at $93.78 per share.

A move to $105.00 would account for a 11.96% increase from the current share price.

About AeroVironment

AeroVironment Inc operates under a single business segment in which it supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States' allied international governments. The systems can help with security, surveillance, or sensing, and provide "eyes in the sky" without needing an actual person, or driver, in the sky.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-AAR-UPDATEAnalyst Ratings