AppLovin Appoints Maynard Webb to Its Board of Directors

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AppLovin Corp (APP) PT Lowered to $425 at Piper Sandler

April 10, 2025 6:19 AM EDT

Piper Sandler analyst James Callahan lowered the price target on AppLovin Corp (NASDAQ: APP) to $425.00 (from $575.00) while maintaining a Overweight rating.

The analyst comments "Proprietary PSC work points to supply-side share gains by APP. App-ads.txt data shows mobile gaming share gains driven by Zynga & our sellers.json data inflected +35% y/y in March, well above peers. We've written about E-Com (LINK) and our proprietary work... More