Digital Turbine (APPS) Receives a Buy from Oppenheimer


In a report released today, Timothy Horan from Oppenheimer assigned a Buy rating to Digital Turbine (APPS), with a price target of $100.00. The company’s shares closed last Tuesday at $67.71.

According to TipRanks.com, Horan is a 5-star analyst with an average return of 16.7% and a 69.1% success rate. Horan covers the Technology sector, focusing on stocks such as Rackspace Technology, Lumen Technologies, and Vonage Holdings.

Digital Turbine has an analyst consensus of Strong Buy, with a price target consensus of $103.40.

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The company has a one-year high of $102.56 and a one-year low of $6.37. Currently, Digital Turbine has an average volume of 3.49M.

Based on the recent corporate insider activity of 18 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. engages in the innovation of media and mobile communications which helps to deliver an end-to-end platform solution for mobile operators, application developers, device original equipment manufacturers (OEM), and other third parties. It operates through the Advertising segment, which is comprised of Operator and OEM (O&O) business. The O&O is an advertiser solution for unique and exclusive carrier and OEM inventory. The company was founded on November 6, 1998 and is headquartered in Austin, TX.

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