Rodman & Renshaw Initiates Digital Ally At Buy

Rodman & Renshaw initiated coverage on

with a Buy rating. The target price for Digital Ally is set to $24. Digital Ally shares have gained 303.57 percent over the past 52 weeks, while the S&P 500 index has surged 7.19 percent in the same period. Digital Ally shares climbed 2.36 percent to $13.88 in pre-market trading.