Wells Fargo Starts Coverage on AxoGen With Overweight Call, $40 Target
Wells Fargo launched coverage of AxoGen, Inc. (NASDAQ: AXGN) with an overweight rating and a $40.00 price target, implying roughly 13% upside from the current share price of $35.25. The bank highlighted AxoGen's exclusive focus on peripheral nerve repair and its lead off-the-shelf biologic graft product, Avance, as core advantages. The company is e…