Reported 3 days ago
Analysts have initiated coverage on AeroVironment (AVAV) with a 'Buy' rating, highlighting a significant opportunity as the drone market expands, potentially reaching a total addressable market of $50 billion. Driven by a shift in defense strategies towards unmanned systems and recent acquisitions, AeroVironment is expected to benefit from increased demand and strong financial performance, despite a recent stock dip. Overall, analysts express bullish sentiments, with 10 out of 13 recommending a 'Strong Buy'.
Source: YAHOO