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Stock impact report

Analysts Remain Bullish on AppLovin Corporation (APP) Despite Target Cuts [Yahoo! Finance]

Applovin Corporation - Class A (APP) 
Company Research Source: Yahoo! Finance
AppLovin Corporation (NASDAQ: APP ) is among the best stocks in each sector in 2026 . On February 12, Omar Dessouky from BofA reduced the price target on AppLovin Corporation (NASDAQ:APP) to $705, down from $780, and maintained a Buy rating. This follows the company's earnings call, after which the firm reduced its valuation due to de-rating in the broader sector and a cooling e-commerce growth trajectory. The bullish stance, on the other hand, is because the company has “significant valuation support driven by its dominant gaming biz,” the analyst asserted. On the same day, Piper Sandler noted that AppLovin Corporation (NASDAQ:APP) reported a “clean beat & raise” for Q4, highlighting that EBITDA figures came in at mid-single digits higher than street estimates. The firm trimmed its price target on the company to $650 from $800 and reiterated an Overweight rating. Analysts Remain Bullish on AppLovin Corporation (APP) Despite Target Cuts All thanks to the strong gaming market an Show less Read more
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