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Digital Turbine names Garrison new chief financial officer

Aug. 31, 2016 4:17 PM ETDigital Turbine, Inc. (APPS) StockAPPSBy: Jason Aycock, SA News Editor
  • Digital Turbine (APPS +10.3%) has named Barrett Garrison its new chief financial officer.
  • Garrison replaces Andrew Schleimer; the move is effective Sept. 12. Schleimer will assist in transferring duties over the next 30 days.
  • Garrison had previously served as CFO of NetSpend, which he helped guide to a public offering. He also served as CFO of Competitor Group and as financial controller at Dell Financial Services.
  • Shares were on the move today alongside news of an upgrade from Ladenburg Thalmann, to Buy from Neutral.
  • The analysts bumped their price target on APPS to $2.35 from $1.26, implying 69.1% upside from today's closing price.
  • After hours, APPS -2.9%.

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