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-0.000273082672185726 0.000344946533287354 0.00027308267218589 5.74910888813345E-05 -0.00104921237208235 0.000344946533287354 0.00206967919972412 0.00273082672185808
Stock impact report

AppLovin (APP) Maintains Overweight Rating With $800 PT After Positive Investor Meetings [Yahoo! Finance]

Applovin Corporation - Class A (APP) 
Company Research Source: Yahoo! Finance
Firm analysts came away upbeat after an investor meeting with company leadership, citing solid execution, healthy gaming trends, and self-serve ad momentum. According to the firm, an investor meeting was held last week with AppLovin CEO and Co-Founder Adam Foroughi, CFO Matt Stumpf, and Head of IR David Hsiao. The discussions revolved around topics including self-serve ads roll out, new prospecting campaigns, the gaming market, and the GTM strategy. The firm noted how management is satisfied with the progress of E-Com thus far and is focused on “building the self-serve technology to scale the business profitably and with a small team.” “Gaming trends are healthy, and we are now seeing more data points the market is not zero-sum. We continue to like the stock. Reit OW, $800 PT.” AppLovin Corporation (NASDAQ:APP) provides a leading marketing platform powered by AI technology. While we acknowledge the potential of APP as an investment, we believe certain AI stocks offer grea Show less Read more
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