Axos Financial price target raised to $79 from $77 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on Axos Financial to $79 from $77 and keeps an Outperform rating on the shares. The analyst tells investors to “stay long” after the company reported a “sizable” net interest income-driven beat. The benefits of the Signature Bank loan purchase are clearly evident, although the strength of this quarter went beyond just the accretion benefits, the analyst tells investors in a research note.