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Stock impact report

BTIG Lifts PT on AppLovin (APP) Stock [Yahoo! Finance]

Applovin Corporation - Class A (APP) 
Company Research Source: Yahoo! Finance
On December 17, BTIG lifted the price target on the company's stock to $771 from $705, while keeping a “Buy” rating. As per the analyst, moving into 2026, the firm remains constructive about the setup for gaming and gambling end markets the company covers. Furthermore, the increased price target demonstrates stronger gaming user acquisition trends in Q4 and beyond. In a separate release, on December 15, Citi analyst Jason Bazinet maintained a “Buy” rating on the company's stock, setting a price objective of $820.00. The analyst's rating is backed by a combination of factors, which include the growth in the company's e-commerce client base and the increasing adoption of the Axon product. AppLovin Corporation (NASDAQ:APP) witnessed a strong increase in the number of e-commerce clients, with a healthy percentage also utilising Shopify, showcasing healthy integration and acceptance of their platform. Furthermore, the analyst also added that the geographic diversity of Axon's user base Show less Read more
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