AeroVironment (AVAV -7.2%) is downgraded by Raymond James, citing a recent expansion of the...

|By:, SA News Editor

AeroVironment (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.