TIME Law Enforcement

How Electroshock Gun Maker Taser Is Profiting From Crisis in Ferguson

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Taser sean boggs—Getty Images

But at least one analyst says the stun gun manufacturer’s market rally may be overdone

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This post is in partnership with Fortune, which offers the latest business and finance news. Read the article below originally published at Fortune.com.

By Ben Greier

Shares of electroshock gun maker Taser are up 28 percent over the past week amid speculation that the events in Ferguson, Mo., could boost demand for the company’s cameras.

Investors are speculating that following the shooting death of Michael Brown on Aug. 9, the body cameras produced by Taser will soon be de rigueur for police departments nationwide, creating a profit boom for the company.

Not so fast, says one analyst.

“I don’t see that there is going to be a massive deployment everywhere of this,” said Brian Ruttenberg, an analyst and managing director with CRT Capital Group. “And it’s not going to be quick.”

For the rest of the story, please go to Fortune.com.

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