Truist Securities Maintains Buy Rating for AppLovin: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Truist Securities has maintained its Buy rating for AppLovin (NASDAQ:APP) and increased its price target from $35.00 to $45.00. AppLovin's shares are currently trading down 0.92% at $39.38 per share. A move to $45.00 would represent a 14.26% increase from the current share price.
August 15, 2023 | 5:00 pm
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Truist Securities has maintained its Buy rating for AppLovin and raised its price target, indicating a positive outlook for the company.
The maintained Buy rating and increased price target by Truist Securities indicates their positive outlook for AppLovin. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100