Goldman Sachs Maintains Buy on AppLovin, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has reaffirmed a Buy rating on AppLovin (NASDAQ:APP) and increased the price target from $50 to $57.
November 10, 2023 | 3:52 pm
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POSITIVE IMPACT
Goldman Sachs analyst Eric Sheridan maintains a Buy rating on AppLovin and raises the price target to $57.
The increase in price target by Goldman Sachs is a strong positive signal, suggesting that the firm believes AppLovin's stock has the potential to rise. This can often lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100