Stifel Maintains Buy on AppLovin, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst David Pang maintains a Buy rating on AppLovin and raises the price target from $100 to $185.
October 23, 2024 | 4:10 pm
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Stifel analyst David Pang has reaffirmed a Buy rating for AppLovin and significantly increased the price target from $100 to $185, indicating strong confidence in the company's future performance.
The increase in price target from $100 to $185 by Stifel suggests a strong positive outlook for AppLovin. 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