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Fly News Breaks for May 24, 2019
AAXN
May 24, 2019 | 04:58 EDT
Imperial Capital analyst Jeff Kessler downgraded Axon Enterprise to In-Line from Outperform while raising his price target for the shares to $68 from $62. The analyst cites valuation for the downgrade following the company's Q1 results. He believes, however, that Axon's efforts to create an end-to-end public safety platform, from weapons to data and records management, is likely to result in continued growth for the next several years.
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