Why Axon Enterprise Stock Tumbled Again Today
One trading day after getting slammed for its third-quarter results, Axon Enterprise's (NASDAQ: AXON) stock took it on the chin again Thursday. Investors assertively sold out of the security products manufacturer's shares, and as a result their price cratered by over 8%. That fire was fueled by a pair of price target cuts from analysts tracking the stock.
Both of those chops were rather dramatic. Morgan Stanley's Meta Marshall reduced her fair value assessment on Axon to $760 per share from the previous $885. Peer analyst Tim Long at Barclays changed his to $702 per share from $861.
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Source Fool.com
Axon Enterprise INC Stock
€474.50
-3.560%
Our community is currently high on Axon Enterprise INC with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 700 € shows a positive potential of 47.52% compared to the current price of 474.5 € for Axon Enterprise INC.
