Stifel Maintains Buy on AppLovin, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst David Pang maintains a Buy rating on AppLovin (NASDAQ:APP) and raises the price target from $65 to $85, indicating a positive outlook on the company's stock.
May 01, 2024 | 1:04 pm
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POSITIVE IMPACT
Stifel analyst David Pang maintains a Buy rating on AppLovin and raises the price target from $65 to $85, showing confidence in the company's future performance.
The increase in price target by Stifel reflects a strong vote of confidence in AppLovin's market position and growth prospects. This endorsement from a reputable analyst is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100