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Stock impact report

Why AeroVironment Stock Popped Nearly 20% on Wednesday [The Motley Fool]

AeroVironment, Inc. (AVAV) 
Last aerovironment, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.avinc.com/investor-relations
Company Research Source: The Motley Fool
A big vote of confidence from Wall Street helped AeroVironment soar. Rich Smith ( TMFDitty ) Apr 11, 2018 at 3:39PM What happened Shares of AeroVironment ( NASDAQ:AVAV ) , a maker of small drones, jumped nearly 20% in early trading Wednesday, before settling back to enjoy a still respectable 15.9% gain as of 2:40 p.m. EDT. For this, you can thank the friendly analysts at Stifel Nicolaus, who upgraded AeroVironment stock to buy this morning. What is sending drone maker AeroVironment stock up today? Image source: Getty Images. So what As explained in its write-up, Stifel believes that AeroVironment stock -- which cost a little over $46 a share before today's upgrade, and is selling for closer to $54 right now -- is poised to enjoy 12 to 36 months of strong sales growth as the Pentagon ramps up U.S. defense investment. Stifel expects AeroVi Show less Read more
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