TASER International (TASR) Receives Analyst Rating

TASER International (TASR) : Zacks Investment Research ranks TASER International (TASR) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 1.8, which indicates as a Buy.

TASER International (TASR) : The highest level TASER International (TASR) is projected to reach is $34 for the short term and the lowest estimate is at $31. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $32.5 and the possibility the share price can swing is $1.29.


Also, Equity Analysts at the CL King upgrades the rating on TASER International (NASDAQ:TASR). The brokerage firm has issued a Buy rating on the shares. The shares were previously rated Neutral. The rating by the firm was issued on July 6, 2016.

TASER International (NASDAQ:TASR): After opening at $25.18, the stock dipped to an intraday low of $25.18 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $25.63 and the buying power remained strong till the end. The stock closed at $25.54 for the day, a gain of 1.47% for the day session. The total traded volume was 577,996. The stocks close on the previous trading day was $25.17.

TASER International, Inc. is engaged in development, manufacture and sale of conducted electrical weapons (CEW) designed for use in law enforcement, military, corrections, private security and personal defense. The Company is engaged in developing devices with technology to incapacitate dangerous, combative, or high-risk subjects who pose a risk to law enforcement officers, innocent citizens, or themselves in a manner that is generally recognized as a safer alternative to other uses of force. The Company operates through two segments: the sale of CEWs, accessories and other products and services, and the video business. The CEWs Products segment makes CEWs that use it Neuro Muscular Incapacitation (NMI) effects for two main types of market segments: the law enforcement, military, corrections and professional security markets; and the consumer market. The Video business includes the TASER Cam, AXON Video products and EVIDENCE.com.

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