Axon (AAXN) Customer Conference Could be a Trading Catalyst - Baird

August 24, 2020 7:13 AM EDT
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Price: $174.54 --0%

Rating Summary:
    7 Buy, 6 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
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Baird analyst William Power reiterated an Outperform rating and $112.00 price target on Axon Enterprise, Inc.(NASDAQ: AAXN) ahead of the company's annual (virtual) customer event, Axon Accelerate, on 8/25.

The analyst stated "We expect a focus on the growing opportunities in software, including RMS and CAD, with any customer adoption updates a potential positive catalyst. We also expect the company to highlight Fleet 3, expected to be available by year-end, along with updates on Taser 7 and Body Camera 3. Any comments on police and municipal budgets will also be in focus. Given the public
safety benefits, we believe Axon remains well positioned long-term".

For an analyst ratings summary and ratings history on click here. For more ratings news on click here.

Shares of closed at $82.61 yesterday.



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Robert W Baird