Wedbush Maintains Neutral on Axos Financial, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has maintained a Neutral rating on Axos Financial (NYSE:AX) and increased the price target from $59 to $62.
January 31, 2024 | 1:54 pm
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Wedbush analyst David Chiaverini maintains a Neutral rating on Axos Financial and raises the price target from $59 to $62.
The increase in price target from $59 to $62 by Wedbush suggests a positive outlook on the company's valuation, but the maintenance of a Neutral rating indicates that the analyst does not see significant short-term price movement. The adjustment in price target may lead to a modestly positive investor sentiment, but the neutral stance tempers expectations for any major stock price changes.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100