Roth MKM Downgrades Digital Turbine to Neutral, Lowers Price Target to $10
Portfolio Pulse from richadhand@benzinga.com
Roth MKM analyst Darren Aftahi downgrades Digital Turbine (NASDAQ:APPS) from Buy to Neutral and lowers the price target from $15 to $10.
May 25, 2023 | 9:27 am
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NEGATIVE IMPACT
Digital Turbine downgraded to Neutral by Roth MKM, with a lowered price target of $10.
The downgrade from Buy to Neutral and the lowering of the price target from $15 to $10 by Roth MKM analyst Darren Aftahi indicates a less optimistic outlook for Digital Turbine's stock. This could lead to a short-term negative impact on the stock price as investors may adjust their positions based on the new rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100