Citigroup Maintains Buy on AppLovin, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Bazinet has maintained a 'Buy' rating on AppLovin (NASDAQ:APP) and raised the price target from $32 to $50.
August 16, 2023 | 3:35 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup has maintained a 'Buy' rating on AppLovin and raised the price target from $32 to $50, which could positively impact the stock.
The raised price target by Citigroup 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