TASER positioned to be market leader in on-officer video, says JPMorgan JPMorgan attributes the 16% rally in shares of TASER over the past two days to anticipation that the recent events in Ferguson, Missouri could drive wider adoption of on-officer video. The firm believes on-officer video provides "compelling benefits" for both police officers and citizens and thinks TASER is well positioned to be a market leader in the space. JPMorgan sees further upside in TASER shares and maintains an Overweight rating on the stock with a $17 price target. Shares of the company are up 73c to $15.41 in pre-market trading.
CRT Capital continues to recommend avoiding Taser CRT Capital continues to recommend avoiding Taser shares and would be short in the low $20s. The firm expects continued body camera orders but said many are trials and margins are low. They believe the market of on-officer cameras is limited and there is lots of competition. Shares are Fair Value rated with a $12 price target.