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Taser's Top Line Was Impressive And Investors Responding In Part, But Competition Concerns Remain
Thursday, November 10, 2016 - 11:05am | 340TASER International, Inc. (NASDAQ: TASR) reported robust Q3:16 results, with the revenue beating the estimate and the consensus. Ladenburg Thalmann’s Glenn G. Mattson maintains a Neutral rating on the company. Q3 Results Taser reported its Q3:16 revenue at $71.9 million, beating expectations...
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Taser Could Soon Be Facing Increased Price Competition
Monday, October 3, 2016 - 9:26am | 359TASER International, Inc.’s (NASDAQ: TASR) competitor, VIEVU, has won the coveted NYPD camera contract worth $6 million. The five-year contract is for the delivery of 1,000 cameras, which would ramp over time to 5,000. Ladenburg Thalmann’s Glenn G. Mattson downgraded the rating on...
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Ladenburg Downgrades Progress Software, Cites Valuation
Tuesday, September 13, 2016 - 9:39am | 301Shares of Progress Software Corporation (NASDAQ: PRGS) have gained 17 percent since March 14, 2016. Ladenburg’s Glenn G. Mattson downgraded the rating on the company from Buy to Neutral, citing valuation. He added that so far the Telerik acquisition had been disappointing. Progress...
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Ladenburg Raises Taser's Price Target To $31, Cheers Videos Shipments
Friday, August 5, 2016 - 7:21am | 354TASER International, Inc. (NASDAQ: TASR) reported strong 2Q16 results, and has a “significant potential growth driver,” Ladenburg’s Glenn G. Mattson said in a report. He reiterated a Buy rating on the company, while raising the price target from $28 to $31. Taser reported...
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Taser's Video Losses Will Continue (For Now), But Co. Still Has Significant Growth In International Markets
Thursday, May 5, 2016 - 10:34am | 262TASER International, Inc. (NASDAQ: TASR) reported better-than-expected 1Q16 revenues of $55.5 million and non-GAAP EPS of $0.09. Ladenburg Thalmann’s Glenn G. Mattson maintained a Buy rating for the company, with a price target of $24. Robust 1Q Performance: Video Losses Expected to Grow...
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Ladenburg Analyst: Taser's Attractive Valuation Can't Be Ignored Anymore, Worth $24/Share
Wednesday, November 18, 2015 - 10:27am | 357TASER International, Inc. (NASDAQ: TASR) shares are down 37 percent year-to-date, and are trading significantly below their 52-week high of $35.95. Ladenburg’s Glenn G. Mattson upgraded the rating on the company from Neutral to Buy, while establishing a price target of $24....
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Ladenburg Issues Mid-Day Downgrade On Qumu Corp Following News Of CEO Shakeup
Monday, October 19, 2015 - 12:54pm | 355Qumu Corp (NASDAQ: QUMU) shares are down 74 percent year-to-date, even after trading above $15 in the first week of March. Ladenburg Thalmann’s Glenn G. Mattson downgraded the rating on the company from Buy to Neutral, while removing the price target. Mattson cited management...
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Ladenburg: 'Not Enough Upside' For Taser
Monday, December 8, 2014 - 5:08pm | 302Taser International, Inc. (NASDAQ: TASR), faced with explosive demand from law enforcement for its body mounted cameras, could face a keystone cops scenario that poses risks to smooth growth. "Many of these agencies have antiquated systems," Ladenburg's Glenn G. Mattson said in a...