In a report issued on June 13, Ilya Grozovsky from National Securities Corp maintained a Buy rating on Digital Turbine Inc (NASDAQ: APPS), with a price target of $3.50. The company’s shares closed on Friday at $1.62.
According to TipRanks.com, Grozovsky is a 4-star analyst with an average return of 10.2% and a 58.0% success rate. Grozovsky covers the Technology sector, focusing on stocks such as Mitek Systems Inc, Datawatch Corp, and Digimarc Corp.
Currently, the analyst consensus on Digital Turbine Inc is Moderate Buy and the average price target is $2.90, representing a 79.0% upside.
In a report issued on June 13, B.Riley FBR also maintained a Buy rating on the stock with a $2.30 price target.
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The company has a one-year high of $2.59 and a one-year low of $0.98. Currently, Digital Turbine Inc has an average volume of 817.4K.
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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.
