Morgan Stanley Maintains Overweight on AppLovin, Lowers Price Target to $450
Morgan Stanley analyst Matthew Cost maintains AppLovin (NASDAQ:APP) with a Overweight and lowers the price target from $650 to $450.
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Why It Matters
A big bank analyst still likes AppLovin but thinks its stock price should be lower. This means the company is doing okay, but maybe people were too excited about it before.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.