Aldebaran_Intelligence
$APPS RBC Capital initiated coverage on Digital Turbine with an outperform rating and set a price target of $15.00.
"Analyst Matthew Swanson said the firm views mobile in-app as an under-monetized format with advantages in both viewability and attention relative to the desktop and mobile display and video markets it is displacing.
Digital Turbine’s focus on brand spend and its OEM relationships both create a differentiated exposure to a market that has seen its TAM continue to expand, according to the analyst"
"RBC Capital sees the company as attractively valued and consensus estimates currently as overly conservative."
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