Raymond James upgraded AeroVironment (AVAV) to Strong Buy from Market Perform with a $200 price target The firm sees 15% upside to consensus estimates over the near-term and believes valuation is compelling, the analyst tells investors in a research note. The standalone AeroVironment, as well as its pending acquisition of Blue Halo, position it as one of the “elder statesmen” of the Defense Disruptors, the firm argues.
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