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TASER International Inc. Message Board

  • dansambella dansambella Jan 15, 2004 9:21 AM Flag

    Downgrade Details

    09:19 TASR downgrade details (115.75 )

    Roth Capital downgrades Taser to Sell from Buy based on valuation, but raises their target to $80 from $60; firm recommends that clients take profits ahead of Q4 earnings, and notes that the stock now trades at a forward P/E of 100x and 16x estimated sales, which they view as unsustainable for the long-run.

21.45May 23 4:00 PMEDT