BTIG Maintains Buy on AppLovin, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Clark Lampen maintains a Buy rating on AppLovin (NASDAQ:APP) and raises the price target from $65 to $87, indicating a positive outlook on the company's stock.
April 09, 2024 | 4:38 pm
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BTIG analyst Clark Lampen maintains a Buy rating on AppLovin and raises the price target from $65 to $87, showing strong confidence in the company's future performance.
The increase in price target from $65 to $87 by a reputable analyst suggests a strong bullish sentiment towards AppLovin's stock. This kind of positive analyst coverage typically leads to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100