Taser International, Inc. (TASR) Tops Q1 EPS by 2c

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Dougherty Less Enthusiastic on Taser (TASR), Downgrades to Neutral

May 1, 2014 1:05 PM EDT

Dougherty & Co downgraded TASER International (NASDAQ: TASR) from Buy to Neutral and removed its price target (prior $19.00). Analyst Gregory McKinley is less enthusiastic about the stock.

"TASR delivered an OK March quarter, but one that fell short of our expectations on a couple of fronts including CEW sales and AXON/evidence.com bookings," said McKinley. "TASR has laid out its case for the economic and technology drivers of adoption of its... More