Hudson Securities Raises DGLY Target To $4 From $3
Hudson Securities is raising its PT on Digital Ally, Inc. (NASDAQ: DGLY) to $4 from $3.
“We are lowering our 2010 EPS estimate to -$0.07 from -$0.05 but raising our 2011 EPS estimate to $0.26 from $0.15,” Hudson Securities writes. “We are also raising our 2012 EPS to $0.35 from $0.23.
“We are raising our target price to $4 from $3 based on 11x our 2012 EPS estimate of $0.35.”
Digital Ally currently trades at $1.68.
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Posted-In: digital ally Hudson SecuritiesAnalyst Ratings
