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Why AeroVironment Stock Is Flying Higher Today

TheMotleyFool 
0 0 11.07.25
Why AeroVironment Stock Is Flying Higher TodayPhoto, wide shot, wide-angle lens, Heavy machinery, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.midjourneyapi.xyz/temp/c15253b0-7330-4605-a666-66954eaf6715.png
 

The Pentagon is doubling down on drone procurement, and one of its biggest drone vendors is trading higher as a result.

Shares of AeroVironment (NASDAQ: AVAV) were trading up 9.2% as of 12:01 p.m. ET Friday after Defense Secretary Pete Hegseth on Thursday afternoon issued new orders to his department that are intended to fast-track U.S. drone production and deployment.

Image source: AeroVironment.

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Source Fool.com

Aerovironment Stock

€137.20
0.880%
The Aerovironment stock is trending slightly upwards today, with an increase of €1.20 (0.880%) compared to yesterday's price.
With 57 Buy predictions and 1 Sell predictions Aerovironment is one of the favorites of our community.
As a result the target price of 256 € shows a very positive potential of 86.59% compared to the current price of 137.2 € for Aerovironment.
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