In a report released today, Darren Aftahi from Roth Capital maintained a Buy rating on Digital Turbine Inc (NASDAQ: APPS), with a price target of $3. The company’s shares closed yesterday at $1.28, close to its 52-week low of $1.12.
According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 11.2% and a 51.3% success rate. Aftahi covers the Technology sector, focusing on stocks such as The Meet Group Inc, Mitek Systems Inc, and RumbleON Inc.
Currently, the analyst consensus on Digital Turbine Inc is a Strong Buy with an average price target of $2.90.
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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 375.9K.
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.
