Goldman Sachs Maintains Buy on AppLovin, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Buy rating on AppLovin (NASDAQ:APP) and increased the price target from $73 to $100.
May 09, 2024 | 12:36 pm
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Goldman Sachs maintains a Buy rating on AppLovin and raises the price target from $73 to $100.
The upgrade in price target by a reputable analyst like Goldman Sachs typically signals a strong conviction in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100