Shares of Axon Enterprise Inc (AXON) have recently surpassed the average analyst 12-month target price of $195.89, trading at $198.99 per share. Analysts now face a decision to either downgrade their valuations or adjust their target prices higher in response to this movement.
Among nine analysts contributing to the average target, forecasts range from a low of $147.00 to a high of $240.00, with a standard deviation of $34.983. The current ratings reflect strong bullish sentiment, with 8 strong buy ratings and 1 buy rating, giving an average rating of 1.11 on a scale where 1 indicates a strong buy and 5 indicates a strong sell.
