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Fly News Breaks for June 26, 2019
AVAV
Jun 26, 2019 | 08:13 EDT
Baird analyst Peter Arment lowered his price target on AeroVironment to $65 from $83 following in line Q4 results. The analyst lowered his price based on conservative guidance and an unfavorable product mix in TMS and small UAS, offsetting otherwise solid top-line growth. Arment maintained his Neutral rating on AeroVironment shares.