DA Davidson Reaffirms Buy Rating on Axos Financial with $112 Price Target

DA Davidson reaffirmed its Buy rating on Axos Financial (NYSE:AX) with a $112 price target. The firm highlighted the company's internet-based bank model, cost advantages, streamlined processes, and forward-thinking management as factors supporting its long-term outlook. Axos Financial is an American bank holding company providing digital consumer and commercial banking, securities clearing, and investment services.