Benzinga | Jan 3, 2022 09:23AM EST

Roth Capital's Top Picks In Internet, Media & Enabling Technologies For 2022

* Roth Capital analyst Darren Aftahi named Digital Turbine Inc (NASDAQ:APPS), Fathom Holdings Inc (NASDAQ:FTHM), and Veritone Inc (NASDAQ:VERI) as the 2022 top picks in Internet, Media & Enabling Technologies.

* Aftahi has a Buy rating on all three companies.

* However, Aftahi lowered the price target on Digital Turbine to $90 from $115, implying a 47.6% upside.

* Aftahi slashed Fathom's price target to $40 from $66.50, implying a 95.5% upside.

* Aftahi decreased Veriton's price target to $42 from $51, implying an 86.8% upside.

* Aftahi re-rated the stocks citing valuation reset for his coverage universe as the "stay-at-homes" premium for many of the stocks over the last 18-plus months has waned, and he no longer believes as relevant.

* Price Action: APPS shares closed lower by 2.94% at $60.99, FTHM down by 0.15% at $20.46, and VERI lower by 1.66% at $22.48 on Friday.