Axon Enterprise’s (AAXN) Buy Rating Reaffirmed at Dougherty & Co
Dougherty & Co restated their buy rating on shares of Axon Enterprise (NASDAQ:AAXN) in a research report sent to investors on Wednesday morning, Marketbeat.com reports. They currently have a $36.00 price target on the industrial products company’s stock, up from their prior price target of $33.00.
Several other research firms also recently issued reports on AAXN. BidaskClub raised shares of Axon Enterprise from a buy rating to a strong-buy rating in a report on Saturday, February 24th. Zacks Investment Research raised shares of Axon Enterprise from a hold rating to a buy rating and set a $26.00 price objective for the company in a report on Tuesday, October 31st. Oppenheimer reaffirmed a hold rating on shares of Axon Enterprise in a report on Wednesday, November 8th. JPMorgan Chase & Co. upped their price objective on shares of Axon Enterprise from $28.00 to $32.00 and gave the stock an overweight rating in a report on Thursday, December 21st. Finally, Craig Hallum set a $37.00 price objective on shares of Axon Enterprise and gave the stock a buy rating in a report on Wednesday. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. Axon Enterprise presently has a consensus rating of Buy and a consensus target price of $35.50.
Shares of Axon Enterprise (NASDAQ AAXN) opened at $38.75 on Wednesday. The company has a market cap of $1,998.86, a P/E ratio of 387.50, a price-to-earnings-growth ratio of 3.97 and a beta of 0.88. Axon Enterprise has a 1 year low of $20.57 and a 1 year high of $39.74.
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Axon Enterprise Company Profile
Axon Enterprise, Inc, formerly TASER International, Inc, is engaged in development, manufacture and sale of conducted electrical weapons (CEWs) for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense. It is also engaged in development of connected wearable on-officer cameras.
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