Craig-Hallum raised the firm’s price target on Digital Turbine (APPS) to $8 from $7 and keeps a Buy rating on the shares. The firm believes investors need to own Digital Turbine as the company handily beat estimates and raised the full year guide. Craig-Hallum likes the company’s app install and advertising businesses are growing and the longer-term potential for significant revenue from SingleTap customers ahead of alternative app store launches.
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