B of A Securities Downgrades Digital Turbine to Neutral, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Omar Dessouky has downgraded Digital Turbine (NASDAQ:APPS) from Buy to Neutral and lowered the price target from $12 to $8.
September 14, 2023 | 10:37 am
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Digital Turbine's stock rating has been downgraded from Buy to Neutral by B of A Securities, with a lowered price target from $12 to $8.
The downgrade from Buy to Neutral by B of A Securities indicates a less optimistic outlook for Digital Turbine. The lowered price target from $12 to $8 also suggests that the analyst believes the stock may underperform in the short term. This could potentially lead to a decrease in the stock's price.
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IMPORTANCE 80
RELEVANCE 100