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AeroVironment (AVAV) Stock Jumps 5% Following Major Army Deal and Rating Boost
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AeroVironment (AVAV) Stock Jumps 5% Following Major Army Deal and Rating Boost
Quick Summary AeroVironment secured a $117 million contract from the U.S. Army for P550 Group 2 reconnaissance drones The company also received an additional contract for Red Dragon attack drones Raymond James lifted AVAV rating from Underperform to Market Perform Approximately 84% of Wall Street analysts maintain Buy ratings, with price targets averaging $312–$318 Prior to Monday’s surge, AVAV shares had declined roughly 25% over three months …
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