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Digital Turbine (APPS) Single tap Could Be on the Verge of a Step Function in Growth - Oppenheimer

October 8, 2021 9:12 AM EDT
Get Alerts APPS Hot Sheet
Price: $1.51 -0.66%

Rating Summary:
    5 Buy, 5 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 5 | Down: 10 | New: 14
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Oppenheimer analyst Timothy Horan reiterated an Outperform rating and $100.00 price target on Digital Turbine (NASDAQ: APPS) after hosting a group meeting with the company highlighting the highly innovative Single-Tap product which could be on the cusp of a step-function in growth.

The analyst stated "Single-Tap could be a revolutionary product, akin to the transition from banner ads to video. Despite the already significant dollars, Single-Tap is very early in its growth phase, with APPS being very selective on the brands being allowed to participate. The moat on Singe-Tap is sizable: IP, hundreds of millions devices scale, as well as huge investment in last-mile measurement and attribution."

For an analyst ratings summary and ratings history on Digital Turbine click here. For more ratings news on Digital Turbine click here.

Shares of Digital Turbine closed at $77.90 yesterday.



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