Roth Capital analyst Darren Aftahi maintained a Buy rating on Digital Turbine (APPS) yesterday and set a price target of $25.00. The company’s shares closed last Wednesday at $16.29, close to its 52-week high of $16.30.
According to TipRanks.com, Aftahi is a top 100 analyst with an average return of 29.0% and a 56.0% success rate. Aftahi covers the Technology sector, focusing on stocks such as Remark Holdings, Mitek Systems, and SharpSpring.
Digital Turbine has an analyst consensus of Strong Buy, with a price target consensus of $22.00, which is a 41.6% upside from current levels. In a report issued on August 4, B.Riley FBR also maintained a Buy rating on the stock with a $18.00 price target.
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The company has a one-year high of $16.30 and a one-year low of $3.48. Currently, Digital Turbine has an average volume of 2.44M.
Based on the recent corporate insider activity of 25 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.
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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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