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Axon Enterprise (NYSE:AXON) Shares Gap Up Following Analyst Upgrade

Defense World ·  Aug 11, 2022 01:52

Axon Enterprise, Inc. (NYSE:AXON – Get Rating)'s share price gapped up prior to trading on Wednesday after Credit Suisse Group raised their price target on the stock from $134.00 to $142.00. The stock had previously closed at $111.62, but opened at $119.25. Credit Suisse Group currently has an outperform rating on the stock. Axon Enterprise shares last traded at $128.10, with a volume of 9,208 shares changing hands.

Separately, StockNews.com raised shares of Axon Enterprise from a "hold" rating to a "buy" rating in a research report on Tuesday, June 21st.

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Axon Enterprise Trading Up 12.9 %

The firm's 50-day moving average is $108.63.

Axon Enterprise Company Profile

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Axon Enterprise, Inc develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, TASER, and Software and Sensors. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence.

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