Jefferies Says AppLovin (APP) Stock Could Double From Here

TLDR AppLovin (APP) stock jumped 7% Monday after Jefferies defended the 39% year-to-date decline as “a great buying opportunity” Jefferies maintained Buy rating with $860 price target, expecting over 50% revenue growth by fiscal year 2026 Stock currently trades at $406.70, down 40% year-to-date as investors worry about AI threats to the business model Analyst [...]

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