Benchmark Maintains Sell on AppLovin, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mark Zgutowicz maintains a 'Sell' rating on AppLovin (NASDAQ:APP) and raises the price target from $22 to $28.
November 09, 2023 | 4:40 pm
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NEGATIVE IMPACT
Benchmark analyst maintains a 'Sell' rating on AppLovin and raises the price target from $22 to $28.
The 'Sell' rating maintained by Benchmark suggests that the analyst believes the stock's price will decline in the short term. However, the increase in price target from $22 to $28 indicates that the analyst sees some upside potential, but not enough to change the overall rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100