AppLovin Shares Surge, Analysts Boost Price Targets
Update: 2025-12-18
Description
AppLovins stock surged by 6.4% following price target increases from Benchmark and Jefferies, reflecting growing confidence in the mobile app technology company. Benchmark raised its target to $775, while Jefferies went to $860, both maintaining Buy ratings. This optimism is driven by AppLovins strong e-commerce growth, strategic expansion of AXON Ads, and AI-powered creative tools. Despite the companys volatile stock history, todays rise suggests significant market interest. AppLovins stock is up 105% this year, nearing its 52-week high, making it a notable player in the evolving tech landscape.
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