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AppLovin rallies after Citi affirms top pick status into results

Shares of AppLovin (APP) are moving higher after Citi said the stock remains a top pick in into the company’s Q2 report on August 6. The firm sees AppLovin’s results hitting the high end of its guidance ranges and positives for the shares into the back half of the year and 2026. Citi keeps a Buy rating on AppLovin with a $600 price target The stock in midday trading is up 6%, or $19.40, to $354.50.

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