tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Axos Financial price target raised to $102 from $92 at Needham

Needham raised the firm’s price target on Axos Financial (AX) to $102 from $92 and keeps a Buy rating on the shares. The company closed out FY25 on a strong foot, beating Street estimates on the top and bottom line due to a combination of net interest margin upside and stronger fee income, the analyst tells investors in a research note. The loan pipeline update was also encouraging, with management noting that Axos is well-positioned to organically grow loans towards the high end of targeted growth range, the firm added.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1