DA Davidson raised the firm’s price target on Axos Financial (AX) to $107.50 from $106 and keeps a Buy rating on the shares. The firm is citing the management update while raising its FY26 and FY227 estimates, noting a stronger than previously expected net interest margin in its updated model, the analyst tells investors in a research note. DA Davidson is also continuing to anticipate strong asset generation, operating efficiency, and well-controlled credit costs.
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