TASER International (NASDAQ: TASR) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report issued on Tuesday. They currently have a $8.30 target price on the stock.

TASER International traded up 0.19% on Tuesday, hitting $7.865. TASER International has a 1-year low of $3.96 and a 1-year high of $9.80. The stock’s 50-day moving average is currently $8.40. The company has a market cap of $412.9 million and a price-to-earnings ratio of 29.07.

TASER International last announced its earnings results on Thursday, February 21st. The company reported $0.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.07. The company had revenue of $32.10 million for the quarter, compared to the consensus estimate of $30.47 million. During the same quarter in the prior year, the company posted ($0.11) earnings per share. The company’s quarterly revenue was up 50.7% on a year-over-year basis. Analysts expect that TASER International will post $0.26 EPS for the current fiscal year.

A number of other analysts have also recently weighed in on TASR. Analysts at TheStreet downgraded shares of TASER International from a “buy” rating to a “hold” rating in a research note to investors on Monday, February 25th. Separately, analysts at JPMorgan Chase upgraded shares of TASER International from a “neutral” rating to an “overweight” rating in a research note to investors on Friday, February 22nd. They now have a $10.50 price target on the stock. Finally, analysts at Dougherty & Co downgraded shares of TASER International from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, February 21st.

Three investment analysts have rated the stock with a buy rating, and one has assigned a hold rating to the stock. The company currently has an average rating of “overweight” and an average price target of $10.12.

TASER International, Inc. (TASER) is engaged in the development, manufacture and sale of advanced Electronic Control Devices (ECDs) designed for use in the law enforcement, military, corrections, private security and personal defense markets.

To view Zacks’ full report, visit www.zacks.com

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.