Piper Jaffray analyst Troy Jensen expects AeroVironment to modestly exceed fiscal Q2 expectations when reporting on December 3. While the analyst believes first half of fiscal 2020 exceeded the company's internal plans, he thinks management will reiterate fiscal 2020 guidance, making the second half "easier" given the strength in the first half. AeroVironment will benefit as U.S. defense budgets shift toward unmanned aircraft and its international sales should grow even faster than domestic, Jensen tells investors in a pre-earnings research note. He reiterates an Overweight rating on the shares with a $76 price target.