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January 3, 2013
07:36 EDTTASRTASER announces 2,365 TASER X2 deployment by Phoenix Police Deployment
TASER announced several large TASER Conducted Electrical Weapon, or CEW, orders for more than 2,600 TASER X2 and more than 1,000 TASER X26 in the last two weeks of 2012. "Some of our largest orders this quarter, including the Phoenix Police Department, were made possible through our new TASER Protection Plan, or TPP, which enables agencies to spread payments out over a five-year period," said Rick Smith, CEO and founder of TASER International. He continued, "The TPP enables agencies to smooth their budget expenditures over time rather than having to return for special one time capital equipment funding every five to seven years to replace or upgrade their technology. TPP has enabled numerous customers with aging fleets of CEWs to upgrade this critical officer safety equipment."
News For TASR From The Last 14 Days
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November 24, 2015
11:12 EDTTASRTASER deal in U.K. widely expected, but adds to confidence, says JPMorgan
JPMorgan analyst Paul Coster believes the London Metropolitan police award to TASER announced this morning was widely anticipated, so he doesn't expect the stock to move up significantly on the news. However, he thinks the announcement is still a "mild positive," since it gives higher confidence in 2016 results and should serve as an important reference account for the company's future sales efforts. Coster keeps a Neutral rating on TASER shares.
10:38 EDTTASRCraig-Hallum reiterates Buy on TASER after London win
Craig-Hallum analyst Steven Dyer reiterates a Buy rating on TASER with a $28 price target after the company confirmed it has been selected to provide AXON 2 Body Cams to all 22,000 London Met Police frontline officers. All eyes will now turn toward the recurring business, which is still under negotiation, Dyer tells investors in an intraday research note. He believes the most likely outcome is on-premise or private cloud storage with TASER's digital video management software used to manage the digital evidence. While such an outcome could bring lower recurring revenue, it would result in better margins, the analyst contends.
09:13 EDTTASRTASER wins bid to outfit 22K London Metro Police Officers with body cameras
TASER International announced the selection of the Axon body-worn video platform by the London Metropolitan Police Service. The new cameras will be deployed to all frontline officers. Final contract details are still being negotiated at this time. The Metropolitan Police completed a 12-month pilot earlier this year using 1,000 of TASER's Axon body-worn cameras. "The world's largest trial of body cameras to date was considered a success and a research study conducted by MOPAC and the College of Policing found that introducing the cameras resulted in a 33% reduction in complaints against officers," TASER said. Given the scale and complexity of the anticipated contract, the company does not expect to release any additional information until it releases financial results for the year 2015 in February 2016. TASER shares are up 12% in pre-market trading following the announcement.
November 23, 2015
10:31 EDTTASRTASER management to meet with Oppenheimer
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November 20, 2015
11:38 EDTTASRSt. Denis J. Villere reports 6.87% passive stake in TASER
November 18, 2015
10:00 EDTTASROn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Apple (AAPL) upgraded to Conviction Buy from Buy at Goldman... BorgWarner (BWA) upgraded to Buy from Neutral at Goldman... Cognex (CGNX) upgraded to Buy from Hold at Canaccord... FARO Technologies (FARO) upgraded to Buy from Hold at Canaccord... Lazard (LAZ) upgraded to Strong Buy from Outperform at Raymond James... LendingClub (LC) upgraded on valuation, positive outlook at Sterne Agee CRT... Middleby (MIDD) upgraded to Outperform from Market Perform at BMO Capital... Perrigo (PRGO) upgraded to Buy from Neutral at B. Riley... RE/MAX Holdings (RMAX) upgraded to Market Perform from Underperform at JMP Securities... Sally Beauty (SBH) upgraded to Buy from Neutral at Goldman... Shopify (SHOP) upgraded to Outperform from Market Perform at Raymond James... TASER (TASR) upgraded to Buy from Neutral at Ladenburg... USG (USG) upgraded to Buy from Neutral at Northcoast.
08:11 EDTTASRTASER upgraded to Buy on valuation at Ladenburg
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07:07 EDTTASRTASER upgraded to Buy from Neutral at Ladenburg
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