Jefferies Maintains Buy on AppLovin, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst James Heaney maintains a Buy rating on AppLovin and raises the price target from $105 to $108.
September 10, 2024 | 3:45 pm
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Jefferies analyst James Heaney has reiterated a Buy rating for AppLovin and increased the price target from $105 to $108, indicating confidence in the company's future performance.
The increase in price target from $105 to $108 by Jefferies suggests a positive outlook on AppLovin's future performance. Maintaining a Buy rating indicates continued confidence in the stock, likely leading to a positive short-term impact on its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100