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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100