Wedbush Reiterates Outperform on AppLovin, Maintains $100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick McKay has reiterated an Outperform rating on AppLovin (NASDAQ:APP) and maintained a $100 price target.
July 29, 2024 | 1:23 pm
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Wedbush analyst Nick McKay has reiterated an Outperform rating on AppLovin and maintained a $100 price target, indicating strong confidence in the company's future performance.
The reiteration of an Outperform rating and a high price target of $100 by a reputable analyst suggests positive sentiment and confidence in AppLovin's future performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100