Zacks Initiates Coverage of AXIL Brands With Neutral Recommendation

In terms of valuation, AXIL Brands' stock performance has been mixed compared to industry benchmarks. The stock is currently trading at levels below its historical median, which indicates undervaluation. This also reflects the market's cautious stance on the company's prospects, given the existing challenges. AXIL's expansion into global markets such as the EU, Canada and Asia reduces its dependence on any single market and positions the company to capitalize on growth opportunities across different regions ...