Key Points We are maintaining our Overweight rating on shares of AVAV post the firm’s 2QFY25 earnings report earlier this week. The shares fell Thursday on margin headwinds in 2Q, though we...
Key Points Aerovironment yesterday announced the biggest deal in its history, a USD4.1B (enterprise value) all-stock acquisition of P/E-held BlueHalo. Aerovironment will issue 18.5m shares to BlueHalo shareholders to fund the...
Key Points We’re reiterating our Overweight rating on shares of AVAV after yesterday’s strong 1QFY25 earnings report after the close. We’re also increasing our target price by USD9 to USD225 as...
Key Points We’re raising our rating on shares of AVAV to Overweight, from Neutral, following last night’s announced win on a key Army contract. We believe the award improves visibility to FY25...
Key Points We’re raising our forecast post AVAV’s 4QFY24 earnings report last week and also increasing our target price. We remain Neutral rated on the shares as we do have some...