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α52
Alpha 52
Where AI meets Quant
APP
606.99
- 1.74%
Signal: -84.6
Recovering
Applovin Corporation
Software

News Sentiment

59m ago
Bullish 65%
Bearish 35%

News Summary

Evercore ISI initiated coverage with an Outperform rating and an $835 price target, forecasting a 25% jump from recent prices. Analysts cited strong momentum in the company's gaming and e-commerce advertising businesses and anticipate a significant quarterly earnings report next month. However, the stock was the worst performer in the S&P 500 during Wednesday's session, sliding despite the new bullish rating, as a broader sell-off in technology stocks overshadowed the positive analyst call.
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