Jefferies lifts AppLovin stock target after positive AdTech survey

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AppLovin Corp (APP) PT Raised to $185 at Citi

October 22, 2024 2:17 PM EDT

Citi analyst Jason Bazinet raised the price target on AppLovin Corp (NASDAQ: APP) to $185.00 (from $155.00) while maintaining a Buy rating.

The analyst comments "We are updating our share repurchase assumption to reflect APPs prevailing share price and are raising our... More

AppLovin Corp (APP) PT Raised to $160 at JPMorgan

October 22, 2024 6:12 AM EDT

JPMorgan analyst David Karnovsky raised the price target on AppLovin Corp (NASDAQ: APP) to $160.00 (from $57.00) while maintaining a Neutral rating.

The analyst comments "AppLovin (Neutral/Establishing $160 Dec-25 PT). We introduce our rebuilt model following our recent assumption of coverage, and we establish a Dec-25 price target of $160 well above our assumed Dec-24 PT of $57. APP has established itself as the leading user acquisition and in-app monetization... More

Evercore ISI Reiterates Outperform Rating on Alphabet (GOOGL)

October 21, 2024 4:21 PM EDT

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $200.00 price target on Alphabet (NASDAQ: GOOGL)

The analyst comments "Our View: We hosted a call with Bill Baer, the former Assistant Attorney General of the U.S. DOJs Antitrust Division and the former Director of the FTCs... More

AppLovin Corp (APP) PT Raised to $210 at BofA Securities, 'Valuation too low for a core biz growing 20% sustainably'

October 21, 2024 6:54 AM EDT

BofA Securities analyst Omar Dessouky raised the price target on AppLovin Corp (NASDAQ: APP) to $210.00 (from $120.00) while maintaining a Buy rating.

The analyst comments "We believe that the 2Q23 launch of Axon 2.0, AppLovins AI engine, ushered in a growth and profitability... More