Goldman Sachs Maintains Buy on Axon Enterprise, Raises Price Target to $339
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Michael Ng has maintained a Buy rating on Axon Enterprise (NASDAQ:AXON) and increased the price target from $297 to $339.
February 28, 2024 | 4:22 pm
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Goldman Sachs maintains a Buy rating on Axon Enterprise and raises the price target from $297 to $339.
The increase in price target by a reputable analyst firm like Goldman Sachs typically signals a strong bullish outlook on the stock, suggesting an expectation of positive performance in the near term. This can lead to increased investor confidence and potentially drive the stock price up.
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