Morgan Stanley Maintains Equal-Weight on AppLovin, Raises Price Target to $43.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Matthew Cost maintains an Equal-Weight rating on AppLovin (NASDAQ:APP) and raises the price target from $40 to $43.5.
November 09, 2023 | 1:56 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on AppLovin and raises the price target from $40 to $43.5, which could potentially lead to a positive market reaction.
The raised price target by Morgan Stanley indicates a positive outlook for AppLovin. This could potentially lead to increased investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100