B of A Securities Maintains Buy on AppLovin, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on AppLovin and increased its price target from $100 to $120, indicating confidence in the company's future performance.
September 11, 2024 | 11:14 am
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POSITIVE IMPACT
B of A Securities has maintained a Buy rating on AppLovin and increased its price target from $100 to $120, suggesting a positive outlook for the company's stock.
The increase in price target from $100 to $120 by B of A Securities reflects a strong positive sentiment towards AppLovin's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100