Applovin shares are trading higher after B of A Securities maintained a Buy rating on the stock and raised its price target from $100 to $120.
Portfolio Pulse from Benzinga Newsdesk
Applovin shares rise as B of A Securities maintains a Buy rating and raises the price target from $100 to $120.
September 11, 2024 | 2:16 pm
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POSITIVE IMPACT
Applovin's stock is trading higher following B of A Securities' decision to maintain a Buy rating and increase the price target from $100 to $120.
The increase in price target and maintained Buy rating by a major financial institution like B of A Securities is a strong positive signal for investors, likely leading to increased buying activity and a rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100