After Roth Capital and B.Riley FBR gave Digital Turbine Inc (NASDAQ: APPS) a Buy rating last month, the company received another Buy, this time from National Securities Corp. Analyst Ilya Grozovsky maintained a Buy rating on Digital Turbine Inc today and set a price target of $3.50. The company’s shares closed yesterday at $1.40.
According to TipRanks.com, Grozovsky is a 3-star analyst with an average return of 2.3% and a 48.0% success rate. Grozovsky covers the Technology sector, focusing on stocks such as Mitek Systems Inc, Datawatch Corp, and Digimarc Corp.
Digital Turbine Inc has an analyst consensus of Strong Buy, with a price target consensus of $3.07, an 119.3% upside from current levels. In a report issued on October 31, Roth Capital also maintained a Buy rating on the stock with a $3 price target.
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The company has a one-year high of $2.59 and a one-year low of $1.12. Currently, Digital Turbine Inc has an average volume of 354.2K.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of APPS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Digital Turbine, Inc. delivers end to end products and solutions for mobile operators, application advertisers, device original equipment manufacturers and other third parties to enable them to monetize mobile content and generate user acquisition. It operates through two segments: Advertising and Content.
