Reported 29 days ago
TD Cowen has upheld its Buy rating on Axon Enterprise, Inc. (NASDAQ:AXON) ahead of the company's earnings report on August 4, increasing its price target from $800 to $825. The firm anticipates Axon will exceed its estimated 28% revenue growth for the quarter and has raised its full-year growth forecast to approximately 29%. Despite a recent decline in stock value, TD Cowen sees a strong rebound potential for Axon, citing its competitive advantages in law enforcement technology solutions.
Source: YAHOO