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
-0.58% G/L:
$410.05 Last:
2,549,396 Volume:
$440.495 Open:
APP Latest News
April 07, 2026 04:30:00 pm
AppLovin Announces Succession Plans for Key Leadership Roles and New Independent Chairperson
APP Stock Data
$159,849,335,450
301,455,860
4.09%
807
N/A
Software & IT Services
Technology
US
Palo Alto
