AppLovin price target raised to $291 from $202 at BTIG
The Fly

AppLovin price target raised to $291 from $202 at BTIG

BTIG raised the firm’s price target on AppLovin (APP) to $291 from $202 and keeps a Buy rating on the shares. The company’s Q3 results and call commentary provided significant, thesis-validating evidence that gaming is shaping up to be a winner-take-most market, and that Commerce will be a significant contributor to the business starting next year, the analyst tells investors in a research note.

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