JMP Securities Maintains Market Outperform on Axon Enterprise, Raises Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Erik Suppiger has maintained a Market Outperform rating on Axon Enterprise (NASDAQ:AXON) and increased the price target from $250 to $285.
February 06, 2024 | 5:20 pm
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Axon Enterprise's price target has been raised from $250 to $285 by JMP Securities, maintaining a Market Outperform rating.
The increase in price target by a reputable analyst firm like JMP Securities typically signals a strong bullish outlook on the stock, suggesting potential upside. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100