Apr. 13 at 1:47 PM
$APP – BofA Reiterates Buy,
$70 PT!
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$APP (AppLovin) getting a strong vote of confidence from BofA – they’re maintaining a Buy rating with a
$70 price target!
The analyst calls it a "show me" story, meaning investors need to see results before the eComm inflection can really take off. May results are the key catalyst everyone’s waiting for.
With all eyes on the upcoming data,
$APP could be setting up for a big move. If they deliver in May, this could be one of the stocks to watch for a strong breakout.