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Fly News Breaks for October 22, 2018
AAXN
Oct 22, 2018 | 09:54 EDT
Following media reports that a body camera supplied by Vievu, which was acquired by Axon, caught fire after a New York police officer removed it, Baird analyst William Power said it is not clear to what degree this could hurt Axon's relationship with the NYPD. Longer-term, he wonders if the incident could accelerate a transition to Axon body cameras and platforms, which could be a positive over time. Power maintains a Neutral rating and $69 price target on Axon shares, which are down 2.5% to $57.04 in early trading.
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