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AeroVironment (AVAV -7.2%) is downgraded by Raymond James, citing a recent expansion of the...
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Thursday, July 14, 2011, 3:55 PM ETAeroVironment (AVAV -7.2%) is downgraded by Raymond James, citing a recent expansion of the maker of unmanned aircraft system's valuation and concerns that first-half 2012 estimates are bloated. The firm says that while it's excited about the company's electric vehicle charging unit, the impact on 2012 earnings likely will be minimal.
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