Axon price target raised to $800 from $600 at Baird

Baird analyst William Power raised the firm’s price target on Axon (AXON) to $800 from $600 and keeps an Outperform rating on the shares. The firm met with management and not surprisingly, AI was a major focus, and we remain positive on the growing opportunity, with the company already noting early success with its recently announced AI Era Plan.