Digital Ally, Inc. (NASDAQ:DGLY) the video surveillance technology company said it has received an order from a municipal police department in the San Francisco Bay area for its body-worn camera systems. The deal includes Digital Ally's VuVault cloud storage solution, along with nine docking stations and connectivity devices. The value of the order exceeds $300,000, the company said, and the hardware is expected to be delivered in the current quarter. Digital Ally, Inc. (NASDAQ:DGLY) CEO Stanton Ross said the order is notable because it's the first significant sale involving the VuVault cloud solution for evidence management and video storage. DGLY shares gained $1.01 to $15.50, in a 52-week range of $3.03 to $33.59.Canaccord Genuity initiated coverage of Wayfair Inc (NYSE:W), the online retailer with a buy investment rating and a price target of $34 per share, 35% above the stock's Friday closing price. Since its initial public offering earlier this month, the stock has traded in a range of $22.56 to $39.43. In a note to clients, Canaccord Genuity said it believes Wayfair Inc (NYSE:W), "should see a sustained period of rapid revenue growth and expanding margins, which should help the stock appreciate significantly from current levels." It added that in the home-product category, Wayfair "has come a long way in making this historically difficult e-commerce category viable with proprietary technology and logistics capabilities. As the category migrates online, we believe Wayfair will capture an increasing share of this growing market."EZchip Semiconductor Ltd. (NASDAQ:EZCH) shares edged lower in Monday's early session, after Chardan Capital Markets downgraded its investment rating on the fabless semiconductor company's stock to neutral from buy while slashing its price target to $22 from $30. EZchip Semiconductor Ltd. (NASDAQ:EZCH) trades in a 52-week range of $19.96 to $29.12. Chardan noted the downgrade comes after Juniper Networks (JNPR) last week reported Q3 revenue below expectations and guided for Q4 revenue to be sequentially lower due to weakness in routing sales.The firm noted Juniper only accounts for 6% of EZCH's revenue, but said it believes Cisco Systems (CSCO), which is a 39% customer, along with ZTE Corp., a 20% customer of EZCH, both of whom depend on capital-expenditure spending by service providers, "could be witnessing similar disruption in its routing business." Chardan said it continues "to believe that EZCH remains well positioned as the premier merchant provider of Network Processors for the Carrier Ethernet market." Still, it added: "we believe the carrier capex cycle could stay weak for several quarters as stated by Juniper and as such, we expect meaningful growth at EZCH could be delayed" until the second half of 2015.
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