AXON Crosses Above Average Analyst Target
April 16, 2021 at 09:25 AM EDT
In recent trading, shares of Axon Enterprise Inc (AXON) have crossed above the average analyst 12-month target price of $152.60, changing hands for $153.25/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..