AeroVironment: This Drone Stock Is Flying Too High (Rating Downgrade) (NASDAQ:AVAV)

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In December, I reiterated my "Buy" rating for AeroVironment, Inc. ( AVAV ) with a $309.90 price target. As I am writing this report, the stock price has risen 30.8% to $318.48, surpassing my price target and outperforming the S&P 500, which gained ...