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Fly News Breaks for November 13, 2015
DGLY
Nov 13, 2015 | 06:36 EDT
Roth Capital downgraded Digital Ally to Neutral and lowered its price target to $7 from $16 following disappointing Q1 results. The firm's analyst said Digital Ally didn't produce a profit as expected and revenue was disappointing. Roth lower estimates and said the deterioration in the growth rate is largely reflected i valuation.
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