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Fly News Breaks for May 17, 2016
TASR
May 17, 2016 | 06:46 EDT
TASER yesterday as its analyst day provided a compelling long-term revenue growth and margin expansion story in both the weapons and video businesses, JPMorgan analyst Mark Strouse tells investors in a research note. He expects the company's earnings to reaccelerate in FY17 and recommends long-term investors build positions in the name. Strouse raised his price target for TASER to $26 from $25 and keeps an Overweight rating on the shares.
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