Wedbush Maintains Outperform on AppLovin, Raises Price Target to $48
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Nick McKay maintains an Outperform rating on AppLovin (NASDAQ:APP) and raises the price target from $37 to $48.
August 10, 2023 | 1:48 pm
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POSITIVE IMPACT
Wedbush analyst maintains an Outperform rating on AppLovin and raises the price target from $37 to $48, which could positively impact the stock.
The raised price target by Wedbush 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