Northland analyst Michael Latimore raised the firm’s price target on Axon (AXON) to $800 from $640 and keeps an Outperform rating on the shares, noting that the company beat Q2 estimates by more than they beat Q1 and improved revenue growth to 33% from 31%. The firm, which is increasing estimates after earnings, notes that it is basing its price target off FY27 estimates now.
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Read More on AXON:
- Axon price target raised to $870 from $820 at Needham
- Craig-Hallum upgrades Axon to Buy from Hold
- Axon price target raised to $840 from $820 at UBS
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