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Fly News Breaks for May 18, 2016
TASR
May 18, 2016 | 08:22 EDT
After attending TASER's Analyst Day, Craig-Hallum believes that increased sales of TASER's body cameras and associated software will enable its gross margins to rise by ten percentage points and remove the "lumpiness" from its quarterly results. The firm notes that it expects these changes to occur over a three to five year period. It remains upbeat on the company's longer term outlook and reiterates a $28 price target and Buy rating on the shares.
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