Lazard Capital initiates coverage with a "Buy" rating
Equities research analysts at Lazard Capital initiated coverage on shares of AeroVironment (NASDAQ: AVAV) in a research note to clients and investors on Thursday. The analysts set a “buy” rating and a $39.00 price target on the stock.
Thanks hadn't seen that. There probably in cahoots with FBR. FBR gets a good entry point for the Lazard folks this time, and Lazard returns the favor on some other stock. I can't tell you how many times I've seen this. TIF was my most recent experience. After Goldman cut them and got a brief drop we have since proceeded to all time highs with several upgrades. This sure has the feel of a scam. Wish the SEC had the resources to dig into more of this crap!!!