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Fly News Breaks for May 7, 2015
TASR
May 7, 2015 | 07:35 EDT
Craig-Hallum analysts Steven Dyer and Greg Palm raised their price target for TASER shares to $38 from $35 following the company's acquisition of Mediasolv. The analysts, after some initial skepticism, "very much" like the deal, saying Mediasolv brings TASER an "instant solution" for premise-based data management. Mediasolv provides digital evidence management to seven top-60 cities nationally, they note. Dyer and Palm reiterate a Buy rating on TASER. The stock is trading down $1.01 to $33.40 in pre-market trading. Shares were downgraded this morning at Oppenheimer.
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