Applovin Corp Reaches Analyst Target Price
July 02, 2024 at 10:28 AM EDT
In recent trading, shares of Applovin Corp (APP) have crossed above the average analyst 12-month target price of $83.48, changing hands for $84.82/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..