Axon initiated with a Buy at BofA on ‘commanding lead’ in digitizing policing

As previously reported, BofA initiated coverage of Axon with a Buy rating and $380 price target, calling it the “premier safety technology ecosystem provider.” The firm sees Axon in a “commanding lead” to capture growing global spending on public safety, noting how the company has evolved and is investing significantly in R&D to continuously improve its product and “digitize policing.”