Goldman Sachs Maintains Buy on AppLovin, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a 'Buy' rating on AppLovin (NASDAQ:APP) and raised the price target from $50 to $57.
November 09, 2023 | 4:05 pm
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Goldman Sachs has maintained a 'Buy' rating on AppLovin and raised the price target from $50 to $57, which could positively impact the stock's price.
The 'Buy' rating maintained by Goldman Sachs indicates their positive outlook on AppLovin. The increase in price target from $50 to $57 suggests that they expect the stock's price to rise in the short term. This could lead to increased investor confidence and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100