Axon price target raised to $640 from $585 at Northland

Northland analyst Michael Latimore raised the firm’s price target on Axon (AXON) to $640 from $585 and keeps an Outperform rating on the shares following what the firm calls “another great quarter.” While tariffs “add a small wrinkle around the edges,” the comapny’s bookings and pipeline are strong, demand is broad-based and software and services continues to perform well, the analyst tells investors.