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TASER Up 8% Amid New Orders And Rating

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Courtesy of Benzinga.

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Shares of TASER International, Inc. (NASDAQ: TASR) spiked over 8 percent in early trading Monday amid Oppenheimer initiating an Outperform rating on the stock and new orders for smart weapons.

The Ontario Provincial Police were among the new orders with a request for 1,879 X2 smart weapons.

The new rating and orders came amid news that a UK man died after being shot by police with a Taser. UK Solicitor Sophie Kahn called for the Home Secretary “to impose a temporary ban on Taser use” following a government ordered review of Taser use in October.

TASER recently traded at $25.78, up 7.5 percent.

Latest Ratings for TASR

Date Firm Action From To
Dec 2014 Oppenheimer Initiates Coverage on Outperform
Dec 2014 Ladenburg Thalmann Downgrades Buy Neutral
Dec 2014 JP Morgan Downgrades Overweight Neutral

View More Analyst Ratings for TASR
View the Latest Analyst Ratings

Posted-In: OppenheimerNews Initiation Intraday Update Analyst Ratings

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