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Fly News Breaks for July 29, 2015
DGLY
Jul 29, 2015 | 10:31 EDT
After the United States Patent & Trademark Office decided to invalidate most of the patent claims asserted by Utility Associates on a mobile surveillance system patent, Rodman & Renshaw believes that the decision will end two years of litigation in which Digital Ally has been involved. The firm says that the decision removes a small overhang for Digital Ally. It keeps a $24 price target and Buy rating on the shares.
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