JPMorgan Sees 31% Upside in Axia Despite Price Target Cut

JPMorgan cut its price target for Axia (AXIA3) but still sees 31% upside, citing a potential ~9% dividend yield in 2027-2030. The cut likely reflects near-term headwinds, but the long-term income thesis remains intact. This is a single-stock analyst call with limited macro relevance.