Digital Turbine (APPS) Receives a Buy from Roth Capital

Roth Capital analyst Darren Aftahi maintained a Buy rating on Digital Turbine (APPSResearch Report) yesterday and set a price target of $20.00. The company’s shares closed yesterday at $16.80.

Aftahi covers the Technology sector, focusing on stocks such as Argo Blockchain, Digital Turbine, and Shopify. According to TipRanks, Aftahi has an average return of 12.8% and a 38.05% success rate on recommended stocks.

Currently, the analyst consensus on Digital Turbine is a Strong Buy with an average price target of $26.00.

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APPS market cap is currently $1.66B and has a P/E ratio of 34.31.

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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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