Roth Capital upgraded Digital Turbine (APPS) to a strong-buy rating on Wednesday. Benchmark initiated coverage on the mobile technology firm with a buy rating. Benchmark established a price target of $15 for the company.
The upgrades follow the debut of Launchpad, a unified app discovery and distribution system. Digital Turbine recently expanded its artificial intelligence capabilities through a Google Cloud partnership.
The new ratings signal growing Wall Street confidence in the company's turnaround and growth prospects.