Daiwa upgraded AppLovin (APP) to Outperform from Neutral with a price target of $280, up from $80. The company reported strong Q3 results and management introduced a Q4 guide that also beat the Street, the analyst tells investors in a research note. The firm has a positive impression of the results and the company’s bullish tone regarding its market position. It sees further upside potential in the shares.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APP: