Digital Turbine – Consensus Indicates Potential -7.8% Downside

Broker Ratings

Digital Turbine found using ticker (APPS) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 60 and 31.5 calculating the mean target price we have 47.58. Given that the stocks previous close was at 51.61 this now indicates there is a potential downside of -7.8%. There is a 50 day moving average of 47.46 and the 200 moving average now moves to 30.71. The company has a market capitalisation of $4,354m. Company Website: http://www.digitalturbine.com

Digital Turbine, through its subsidiaries, provides media and mobile communication products and solutions for mobile operators, application advertisers, device original equipment manufacturers, and other third parties worldwide. Its software platform that enables mobile operators and OEMs to control, manage, and monetize devices. The company also provides programmatic advertising and targeted media delivery services; and other products and professional services directly related to the core platform. Digital Turbine is headquartered in Austin, Texas.

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