UBS Upgrades AppLovin to Buy, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Hodulik has upgraded AppLovin (NASDAQ:APP) from Neutral to Buy and increased the price target from $100 to $145.
September 17, 2024 | 1:34 pm
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POSITIVE IMPACT
UBS has upgraded AppLovin from Neutral to Buy, raising the price target from $100 to $145, indicating a positive outlook on the stock.
The upgrade from Neutral to Buy by UBS, along with a significant increase in the price target, suggests a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100