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MarketBeat
MarketBeat
Business
Thomas Hughes

AeroVironment Is a Hot Buy With a Double-Digit Upside

AeroVironment (NASDAQ: AVAV) is a hot buy in September due to its business, defense industry position, recent acquisition, and analysts' sentiment trends. The sentiment trends say it all, including a sharp increase in coverage, 100% of analysts tracked by MarketBeat rating at Buy, and the price target trend is positive.

Regarding the coverage, Aerovironment’s analyst coverage has increased by more than 100% in the preceding three months, creating a powerful tailwind for the price action, and the price targets are leading this market to record high levels. 

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