Loading...
Loading...
JP Morgan reduced its rating on TASER International
TASR from Overweight to Neutral while maintaining its $9 price target.
JP Morgan commented, "TASR has increased 50% over the past two months (SP500 down 2.6%) and has reached our $9.00 price target. We continue to believe the X2 upgrade program, customer payment plan, and international expansion present opportunities for upside to estimates; however, we believe significant margin expansion is unlikely. Our estimates and price target are unchanged."
TASER International closed at $9.02 on Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in