Why AeroVironment Stock Is Soaring Higher This Week
With its rise today, (NASDAQ: AVAV) stock extended its streak of locking in a gain every day this week. In addition to investors' suspicions that international political tensions will remain high, President Trump's commentary on the nation's defense budget is providing investors with motivation to click the buy button on shares of defense contractors that specialize in drone technology.
According to data provided by S&P Global Market Intelligence, AeroVironment stock has increased by 33.3% from the end of trading last Friday to the close of today's market session.
Image source: Getty Images.
Source Fool.com
Aerovironment Stock
€174.00
-18.500%
With 53 Buy predictions and 2 Sell predictions Aerovironment is one of the favorites of our community.
As a result the target price of 283 € shows a very positive potential of 62.64% compared to the current price of 174.0 € for Aerovironment.
