RBC Capital Downgrades AeroVironment (AVAV) Stock Amid Concerns Over Financial Targets
RBC Capital Markets has downgraded AeroVironment Inc. (AVAV) stock from its previous rating to 'Sector Perform,' citing doubts about the company's ability to meet ambitious long-term financial goals, including at least 15% organic revenue growth by decade-end and a significant improvement in adjusted EBITDA margins.
Tickers: $AVAV
Topics: AeroVironment financial targets RBC Capital Markets stock downgrade