Form 10-Q AeroVironment Inc For: Aug 01

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Jefferies Trims PT on AeroVironment (AVAV) to $26 Following Light Q1 Results

September 2, 2015 10:24 AM EDT

Jefferies trims its price target on AeroVironment, Inc. (Nasdaq: AVAV) from $30 to $26 and affirms its Hold rating following Q1 results reported Tuesday.

Analyst Howard Rubel summarized, On lower than estimated revenues, AVAV reported adjusted FYQ1 EPS of a loss of $0.24 vs. our... More