Analyst Ratings For AppLovin
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings for AppLovin (NASDAQ:APP) with a recent bearish sentiment. The average 12-month price target has increased to $91.6, indicating a positive outlook. AppLovin has shown strong financial performance with high revenue growth and profitability, but faces challenges in debt management.
August 23, 2024 | 1:01 pm
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AppLovin has received mixed analyst ratings with a recent bearish sentiment. The average price target has increased, reflecting a positive outlook. The company shows strong financial performance but faces debt management challenges.
The mixed analyst ratings, with a recent bearish sentiment, suggest uncertainty in the short term. However, the increase in the average price target indicates a positive long-term outlook. Strong financial performance supports this, but high debt levels pose a risk.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100