Expert Ratings for AppLovin
Portfolio Pulse from Benzinga Insights
AppLovin (NASDAQ:APP) has received mixed analyst ratings in the last quarter, with 6 bullish, 1 somewhat bullish, 2 indifferent, and 1 bearish. The average 12-month price target among 10 analysts is $49.3, which is a 17.66% increase from the previous target of $41.90. Ratings suggest a generally positive outlook for APP.
December 01, 2023 | 9:00 pm
News sentiment analysis
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AppLovin has a predominantly bullish outlook from analysts with an increased average price target of $49.3, suggesting a positive sentiment for the stock.
The increase in the average price target and the majority of bullish ratings indicate a positive sentiment among analysts, which could lead to a short-term increase in APP's stock price. However, the presence of some indifferent and bearish ratings suggests that investors should still exercise caution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100