Why Axon Enterprise Stock Is Up Today
Shares of Axon Enterprise (NASDAQ: AXON) took it on the chin on Wednesday despite a solid earnings report, as investors fretted about future growth rates. Overnight, a number of Wall Street analysts defended the stock, and investors are apparently giving the shares a second look.
Axon shares traded up as much as 6% on Thursday morning following an upgrade and a number of price target boosts.
Axon makes hardware and software for law enforcement agencies, including the Taser device. The company's first-quarter results seemed solid, as Axon easily beat on both earnings and revenue and raised its full-year guidance for sales.
Source Fool.com
Axon Enterprise INC Stock
€275.30
-1.050%
Our community is currently high on Axon Enterprise INC with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 305 € shows a slightly positive potential of 10.79% compared to the current price of 275.3 € for Axon Enterprise INC.
