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AxoGen price target raised to $29 from $25 at Jefferies

Jefferies raised the firm’s price target on AxoGen (AXGN) to $29 from $25 and keeps a Buy rating on the shares after Q3 sales beat consensus by about 6% and the company raised FY25 sales growth guidance to at least 19% year-over-year. The Q3 report “showed solid execution all around,” the analyst tells investors.

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