Wedbush Maintains Outperform on AppLovin, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick McKay maintains an Outperform rating on AppLovin (NASDAQ:APP) and raises the price target from $67 to $87, indicating a positive outlook on the company's stock.
April 11, 2024 | 2:15 pm
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Wedbush analyst Nick McKay maintains an Outperform rating on AppLovin and raises the price target from $67 to $87.
The increase in price target by a reputable analyst like Nick McKay from Wedbush suggests a strong confidence in AppLovin's future performance. This is likely to positively influence investor sentiment and potentially lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100