These Analysts Increase Their Forecasts On AppLovin After Strong Q2 Earnings
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AppLovin Corp reported strong Q2 earnings, with revenue of $1.26 billion and earnings per share of $2.39, surpassing analyst expectations. Following the announcement, AppLovin's stock rose 13.2% to $442.10. Analysts from Piper Sandler, Wells Fargo, Morgan Stanley, and Scotiabank raised their price targets for the stock, reflecting positive sentiment in the market.
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