Goldman Sachs Maintains Buy on AppLovin, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan maintains a Buy rating on AppLovin (NASDAQ:APP) and raises the price target from $25 to $50.
August 11, 2023 | 12:16 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on AppLovin and raises the price target from $25 to $50. This could potentially lead to an increase in the stock's price.
The raised price target by Goldman Sachs indicates a positive outlook for AppLovin. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100