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Fly News Breaks for April 30, 2015
TASR
Apr 30, 2015 | 13:53 EDT
Ladenburg says TASER is "clearly operating" with strong business momentum after the company's Q1 results topped expectations. The firm notes, however, that at 8.1 times, the stock's forward sales multiple is similar to a software-as-a-service company with "unlimited end-market potential." It keeps a Neutral rating on TASER due to valuation.
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