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Axon price target lowered to $700 from $805 at BofA

BofA analyst Jordan Lyonnais lowered the firm’s price target on Axon (AXON) to $700 from $805 and keeps a Buy rating on the shares. The firm continues to see Axon’s growth story as intact and sees opportunities for further acceleration, but lowers its price target with current negative sentiment clouding fundamentals.

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