Barclays Maintains Overweight on Axon Enterprise, Raises Price Target to $308
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long has maintained an Overweight rating on Axon Enterprise (NASDAQ:AXON) and increased the price target from $296 to $308.
February 29, 2024 | 1:57 pm
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Barclays has maintained an Overweight rating on Axon Enterprise and raised the price target from $296 to $308.
The upgrade in the price target by Barclays, a major financial institution, reflects a positive outlook on Axon Enterprise's future performance. This is likely to instill confidence among investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100