AppLovin's stock has surged by 851% year to date, reflecting its strong positioning to capitalize on growth in the digital advertising sector.
Stifel raised AppLovin's price target from $250 to $435 per share, highlighting the company's potential in e-commerce advertising and data utilization.
Citigroup increased its price target on AppLovin to $460, emphasizing the company's exceptional opportunities and maintaining a buy recommendation.
The stock's rise illustrates AppLovin's strategic advantages in the advertising technology space, poised to benefit from digital advertising growth.
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