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Axon price target lowered to $720 from $800 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Axon (AXON) to $720 from $800 and keeps a Buy rating on the shares. Axon outlined a multi-year financial framework, the analyst tells investors in a research note. The company is leveraging growth in AI software, international markets, Corrections, and Enterprise, while embedding AI into its sensor products to strengthen its role as a data and vision platform for public safety and enterprise applications, Goldman argues.

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