Goldman Sachs Maintains Buy on AppLovin, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a 'Buy' rating on AppLovin (NASDAQ:APP) and raised the price target from $25 to $50.
August 10, 2023 | 1:14 pm
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POSITIVE IMPACT
Goldman Sachs has maintained a 'Buy' rating on AppLovin and raised the price target from $25 to $50, indicating a positive outlook for the company.
The raised price target by Goldman Sachs indicates a positive outlook for AppLovin. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100