BTIG Upgrades AppLovin to Buy, Announces $34 Price Target
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Clark Lampen has upgraded AppLovin (NASDAQ:APP) from Neutral to Buy and announced a $34 price target.
July 24, 2023 | 10:55 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
AppLovin's stock rating has been upgraded from Neutral to Buy by BTIG, with a new price target of $34.
The upgrade from Neutral to Buy indicates a positive outlook for AppLovin's stock. The new price target of $34 suggests that the analyst believes the stock has significant upside potential. This could lead to increased buying pressure in the short term, potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100