UPDATE: AeroVironment (AVAV) Tops Q4 EPS by 27c, FY18 Guidance Beats but Q1 Light

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AeroVironment (AVAV) PT Raised to $29 at Jefferies Following 4Q Report

June 28, 2017 7:16 AM EDT

Jefferies raised its price target on AeroVironment (NASDAQ: AVAV) to $29.00 (from $27.00) while maintaining a Hold rating. AVAV reported 4Q EPS of $1.30 beating estimates of $0.98 and year-ago EPS of $0.23. Fourth quarter revenues were $125.4mm, up 48% from $84.8mm in the year-ago period. There was strength in the... More