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JPMorgan Chase & Co. Initiates Coverage on AeroVironment (NASDAQ:AVAV)
JPMorgan Chase & Co. has initiated coverage on AeroVironment (NASDAQ:AVAV) with an “Overweight” rating and a $320 price target, suggesting a 31% upside. This aligns with a generally positive analyst consensus of “Moderate Buy” and an average target of $374.83. AeroVironment recently reported mixed Q1 results, missing EPS estimates but exceeding revenue expectations, and provided FY2026 guidance.