AeroVironment (AVAV) Tops Q4 EPS by 31c, Offers FY19 Guidance

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Stifel Downgrades AeroVironment (AVAV) to Hold

June 27, 2018 5:15 PM EDT

Stifel downgraded AeroVironment (NASDAQ: AVAV) from Buy to Hold with a price target of $70.00 (from $65.00) on valuation.

Analyst Joseph DeNardi commented, "We're torn. We believe AVAV has the potential to generate significantly higher revenue and EPS over the next 3-5 years and higher revenue... More