Reported about 13 hours ago
AppLovin Corporation (NASDAQ:APP), noted as one of the top AI stocks to watch, has seen its stock price target raised to $470 by analyst James Callahan from Piper Sandler, who maintains an 'Overweight' rating. Despite some supply-side weaknesses, AppLovin is reportedly outperforming its digital advertising peers and venturing into new markets. The analyst suggests a buy on the stock, highlighting the company's strong marketing platform driven by AI technology.
Source: YAHOO