Oppenheimer Maintains Outperform on AppLovin, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Martin Yang maintains an Outperform rating on AppLovin (NASDAQ:APP) and raises the price target from $70 to $85.
April 08, 2024 | 5:06 pm
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POSITIVE IMPACT
Oppenheimer analyst Martin Yang maintains an Outperform rating on AppLovin and raises the price target from $70 to $85.
The increase in price target by a reputable analyst like Martin Yang from Oppenheimer is a strong positive signal for AppLovin. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100