Piper Sandler lowered the firm’s price target on Axon (AXON) to $690 from $753 and keeps an Overweight rating on the shares. The firm notes Axon is operating one of the largest global sensor networks that is fully connected and supercharged with AI, which is different than traditional software/SaaS players. Q4 print was impressive, which was complemented by stronger than anticipated 2026 and through 2028 guides across growth and profitability.
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