Axos Financial, Inc. (NYSE:AX) exceeded market expectations with its second-quarter results, posting adjusted earnings of $1.60 per share against estimates of $1.38 and sales of $352.74 million versus the expected $247.50 million. The net interest margin rose to 4.55%, and net loans for investment increased to $18.3 billion. The company's shares saw a 1% pre-market gain to $57.35. Following the earnings report, Raymond James raised its price target from $45 to $62 with an Outperform rating, and Wedbush increased its target from $59 to $62 while maintaining a Neutral rating.