TASER International (TASR) Receives Price Target

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.

TASER International (TASR) : 2 brokerage houses believe that TASER International (TASR) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on TASER International (TASR). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 5 Wall Street Analysts endorse the stock as a Buy with a rating of 1.8.


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

TASER International (NASDAQ:TASR): The stock opened at $27.21 on Thursday but the bulls could not build on the opening and the stock topped out at $27.58 for the day. The stock traded down to $26.45 during the day, due to lack of any buying support eventually closed down at $26.85 with a loss of -0.85% for the day. The stock had closed at $27.08 on the previous day. The total traded volume was 1,163,940 shares.

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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