Since October 1, TASER International, Inc. TASR shares have plummeted almost 21.5 percent.
This, the Vetr crowd seems to believe, has unlocked some room for upside, as evidenced by its average price target of $25.60, which implies a potential return of roughly 12.2 percent from current valuations.
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Seeking to better reflect the larger upside potential, the Vetr community upgraded its rating on shares of TASER on Monday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) – out of a possible 5 Stars rating.
It should be noted that, pretty much in accordance with the current score and price target, 80 percent of the crowd’s ratings are bullish at the time.
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