RBC Capital Maintains Outperform on AeroVironment, Lowers Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ken Herbert maintains an Outperform rating on AeroVironment (NASDAQ:AVAV) but lowers the price target from $230 to $215.
September 05, 2024 | 3:33 pm
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NEUTRAL IMPACT
RBC Capital's analyst Ken Herbert continues to rate AeroVironment as Outperform, indicating confidence in the company's performance. However, the price target is adjusted downwards from $230 to $215, suggesting a more conservative outlook.
The Outperform rating suggests continued confidence in AeroVironment's performance, which is positive. However, the lowered price target indicates a more cautious outlook, balancing the impact to neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100