Jefferies Assumes AppLovin at Buy, Raises Price Target to $93
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst James Heaney has initiated coverage on AppLovin (NASDAQ:APP) with a Buy rating and increased the price target to $93.
May 02, 2024 | 12:06 pm
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Jefferies analyst James Heaney has given AppLovin a Buy rating and raised the price target to $93, indicating a positive outlook on the stock.
The initiation of coverage by Jefferies with a Buy rating and a significant price target increase to $93 suggests a strong positive sentiment towards AppLovin's stock. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100