UPDATE: JP Morgan Downgrades TASER International to Neutral on Valuation
November 29, 2012 at 13:20 PM EST
JP Morgan reduced its rating on TASER International (NASDAQ: TASR ) from Overweight to Neutral while maintaining its $9 price target. JP Morgan commented, "TASR has increased 50% over the past two months (SP500 down 2.6%) and has reached our $9.00 price target.