Oppenheimer Maintains Outperform on AppLovin, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Martin Yang maintains an Outperform rating on AppLovin and raises the price target from $105 to $180.
October 23, 2024 | 12:25 pm
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POSITIVE IMPACT
Oppenheimer has increased its price target for AppLovin from $105 to $180, maintaining an Outperform rating. This suggests a positive outlook for the company's stock.
The increase in price target from $105 to $180 by Oppenheimer, along with the maintained Outperform rating, indicates strong confidence in AppLovin's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100