AeroVironment (AVAV) Misses Q1 EPS by 15c

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Go back to AeroVironment (AVAV) Misses Q1 EPS by 15c

Canaccord Genuity Cuts Price Target on AeroVironment (AVAV) to $24 Following 1Q16

September 2, 2015 9:13 AM EDT

Canaccord Genuity maintained a Hold rating on AeroVironment (NASDAQ: AVAV), and cut the price target to $24.00 (from $30.00), following the company's 1Q16 earnings results. Reported results of 47.1$M in revenues and ($0.30) in EPS compared to consensus estimates of $53.9M/($0.15). AVAV management reiterated full year... More