Why AppLovin Stock Crushed it on Monday
Source: Motley Fool
2026-04-06 17:08:19 ET
A major U.S. bank raised its price target on AppLovin (NASDAQ: APP) , and investors took the adjustment to heart. They pushed into the next-generation adtech specialist's stock, and by the end of the day, it had risen almost 7% in price.
Well before market open, Alec Brondolo of Wells Fargo upped his fair value assessment on AppLovin stock to $560 per share from $543. He maintained his bullish overweight (i.e., buy) recommendation in the process.
Image source: Getty Images.
Applovin Corporation
NASDAQ: APP
APP Trading
0.43% G/L:
$610.48 Last:
2,370,613 Volume:
$615.20 Open:
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APP Stock Data
$159,849,335,450
301,455,860
4.09%
807
N/A
Software & IT Services
Technology
US
Palo Alto
