AppLovin Stock Just Got a New Buy Rating. Its Shares Are Tanking.
تحليل معلومات السوق
مدعوم بالذكاء الاصطناعيAppLovin received a new buy rating from Evercore ISI with a $835 price target, forecasting a 25% increase in stock value, despite its shares currently tanking.
Market impact analysis based on bullish sentiment with 90% confidence.
سياق المقال
Buzzy, high-growth stocks like AppLovin often get a boost when sell-side analysts counsel investors to buy. Evercore ISI initiated coverage of AppLovin stock with an Outperform rating and an $835 price target on Wednesday, forecasting a 25% jump from Tuesday’s closing price of $668.63. The company has momentum across its gaming and e-commerce ad businesses, and investors should expect a big quarterly earnings print next month, Evercore argued.
التحليل والرؤى المقدمة من AnalystMarkets AI.