In a report released today, Darren Aftahi from Roth Capital maintained a Buy rating on Digital Turbine Inc (APPS), with a price target of $4.25. The company’s shares closed yesterday at $3.39, close to its 52-week high of $3.46.
According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 12.5% and a 54.8% success rate. Aftahi covers the Technology sector, focusing on stocks such as The Meet Group Inc, Mitek Systems Inc, and Veritone Inc.
Currently, the analyst consensus on Digital Turbine Inc is a Strong Buy with an average price target of $4.23, representing a 24.8% upside. In a report issued on March 11, B.Riley FBR also maintained a Buy rating on the stock with a $4 price target.
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The company has a one-year high of $3.46 and a one-year low of $1.12. Currently, Digital Turbine Inc has an average volume of 1.03M.
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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.