BTIG Maintains Buy Rating for AppLovin: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BTIG has maintained its Buy rating for AppLovin (NASDAQ:APP) and increased its price target from $40.00 to $46.00. AppLovin's shares are currently trading up 1.44% over the last 24 hours, at $38.75 per share. A move to $46.00 would account for a 18.71% increase from the current share price.
September 26, 2023 | 5:00 pm
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BTIG has maintained its Buy rating for AppLovin and raised its price target. This could potentially lead to an increase in the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and trading behavior. In this case, BTIG's maintained Buy rating and increased price target for AppLovin could potentially lead to increased investor interest and a subsequent rise in the stock's price.
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IMPORTANCE 80
RELEVANCE 100