Citizens Cuts AeroVironment Target to $170 and Kratos Target to $70
Citizens analysts lowered price targets on AeroVironment and Kratos shares while keeping a positive rating on AeroVironment. Reported by Dow Jones Newswires.
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what happened
Citizens analysts cut their price target on AeroVironment (AVAV) to $170 from $230 per share. The firm kept its "Market Outperform" rating, meaning its recommendation remains positive.
Citizens also lowered its Kratos (KTOS) price target to $70 from $105 per share. Dow Jones Newswires reports these changes, citing data from Benzinga.
why it matters
Revisions like these reflect more cautious analyst expectations on valuations for companies in the defense and drone space. For traders, they signal a shift in sector sentiment, but the changes themselves contain no new revenue or earnings data.
tags
instruments
sources
- AeroVironment Price Target Cut to $170.00/Share From $230.00 by Citizens — Dow Jones Newswires, 19 October 2026 at 13:09 UTC
- Kratos Price Target Cut to $70.00/Share From $105.00 by Citizens — Dow Jones Newswires, 19 October 2026 at 13:18 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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