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Stock impact report

Analysts Positive on AppLovin Corporation (APP) After Q4 Results [Yahoo! Finance]

Applovin Corporation - Class A (APP) 
Company Research Source: Yahoo! Finance
AppLovin Corporation (NASDAQ:APP) is one of the best AI stocks with explosive growth potential. On February 26, Raymond James told clients in a note that software stocks appear to be starting to recover after a sharp two-month decline. The research firm said the S&P 500 Software Industry Index is trying to stabilize near what it described as “major technical support.” Raymond James highlighted six major software companies, including AppLovin Corporation (NASDAQ:APP), that appear set for a rebound. Earlier, on February 12, Scotiabank raised its price target on AppLovin Corporation (NASDAQ:APP) from $750 to $775 and kept its Sector Outperform rating. This update came after the company reported Q4 results, which beat analyst expectations for revenue, EBITDA, and earnings per share. Scotiabank pointed out that despite the strong results, AppLovin Corporation (NASDAQ:APP) fell in after-hours trading after the earnings release. The research firm said this market reaction did not refl Show less Read more
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