AxoGen, Inc. (AXGN) PT Raised to $55 at Citizens on Q2 Performance
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Rating Summary:
14 Buy, 3 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 9 | New: 16
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Citizens analyst David Turkaly raised the price target on AxoGen, Inc. (NASDAQ: AXGN) to $55.00 (from $50.00) while maintaining a Market Outperform rating.
The analyst commented, "We reiterate our Market Outperform rating and raise our price target to $55 from $50 on shares of AxoGen following the release of 2Q26 results. Following a stellar 1Q, with sales +26.6% y/y, there was some concern about the potential for a sizable drop-off in 2Q and 2H26 growth performance, which we think was largely abated yesterday morning. Frankly, no other company that we cover in the MedTech realm is delivering results like AXGN currently is, and we further highlight the scarce competition (no other BLAs here), and the vastly underserved population of peripheral nerve repairs that remain targets ahead."
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