Stocks
JPMorgan Raises AeroVironment Price Target by 10% Amid Record-Breaking Earnings
AeroVironment's (NASDAQ:AVAV) stock price has been boosted by analysts at JPMorgan Chase & Co., who have increased their price target from $200.00 to $210.00, indicating a potential upside of 34.17%.
The aerospace company recently reported record-breaking revenue and earnings per share (EPS), with revenue reaching $480.49 million and EPS at $0.59 for the quarter.
According to MarketBeat, analysts expect AeroVironment to post $3.2 EPS for the current year, and have an average target price of $249.89.