UBS raised the firm’s price target on AppLovin (APP) to $840 from $810 and keeps a Buy rating on the shares. AppLovin posted a “solid” Q3 beat and Q4 revenue guidance was better than feared, the analyst tells investors in a research note.
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Read More on APP:
- AppLovin price target raised to $700 from $640 at Benchmark
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- Cautious Outlook on AppLovin: Balancing Strong Performance with Growth Uncertainty
