Why Jefferies Sees More Upside Ahead for AppLovin (APP) Stock
AppLovin Corporation (NASDAQ:APP) is one of the AI Stocks Gaining Attention on Wall Street. On September 4, Jefferies analyst James Heaney raised the price target on the stock to 560.00) while maintaining a Buy rating. The price target raise follows meeting with AppLovin’s CEO/CFO. Mutiple growth drivers behind an expected fourth-quarter e-commerce advertising inflection have been highlighted by the firm, which includes spend growth from existing advertisers, international audience expansio ...