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Needham reiterates Buy on Axon; $750 target after ALPR scrutiny

Axon Enterprise rose 0.14% premarket after Needham reiterated a Buy rating and a $750 price target, citing its review of the fixed automatic license plate reader market amid privacy scrutiny and contract cancellations at Flock Safety.

AXON

Axon Enterprise NASDAQ:AXON rose 0.14% premarket after Needham reiterated a Buy rating and $750 price target, following its examination of the fixed automatic license plate reader market.

Privacy scrutiny of ALPR systems has weighed on the sector, and contract cancellations at Flock Safety have sur…