Wedbush Maintains Outperform on AppLovin, Raises Price Target to $58.5
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick McKay maintains an Outperform rating on AppLovin (NASDAQ:APP) and raises the price target from $48 to $58.5.
November 09, 2023 | 4:21 pm
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Wedbush analyst Nick McKay maintains an Outperform rating on AppLovin and raises the price target from $48 to $58.5. This could potentially lead to an increase in the stock's price.
The raised price target by Wedbush indicates a positive outlook for AppLovin's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100