Macquarie Reiterates Outperform on AppLovin, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Tim Nollen has reiterated an Outperform rating on AppLovin and increased the price target from $115 to $150.
September 25, 2024 | 2:38 pm
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Macquarie analyst Tim Nollen has reiterated an Outperform rating on AppLovin and increased the price target from $115 to $150, indicating strong confidence in the company's future performance.
The reiteration of an Outperform rating and the increase in price target from $115 to $150 by Macquarie suggests a positive outlook for AppLovin. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100