Mar. 11 at 3:58 PM
$APP Bank of America analyst Omar Dessouky reiterated a Buy rating on AppLovin APP stock with a price target of
$705. In particular, the top-rated analyst noted continued expansion in the adoption of the ad-tech platform’s Axon model. APP stock has risen 87% over the past year, driven by the solid revenue and earnings growth as well as optimism about the company’s expansion into new verticals like e-commerce.