Daiwa Capital Initiates Coverage On AppLovin with Neutral Rating, Announces Price Target of $80
Portfolio Pulse from Benzinga Newsdesk
Daiwa Capital analyst Jonathan Kees initiates coverage on AppLovin (NASDAQ:APP) with a Neutral rating and a price target of $80.

April 15, 2024 | 9:18 am
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NEUTRAL IMPACT
Daiwa Capital has initiated coverage on AppLovin with a Neutral rating and a price target of $80.
The initiation of coverage by Daiwa Capital with a Neutral rating and a specific price target provides a new professional analysis for investors to consider. However, the Neutral rating suggests that the analyst sees the stock performing in line with the market, which may not drive significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100