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Why AppLovin Stock Crushed it on Monday

Apr 06, 2026 21:08 UTC

Key PointsHe raised his price target on the company..

  • April 06, 2026 — 05:08 pm EDT Written byEric VolkmanforThe Motley Fool-> He raised his price target on the company
  • He also maintained his equivalent of a buy recommendation
  • A major U

April 06, 2026 — 05:08 pm EDT Written byEric VolkmanforThe Motley Fool-> He raised his price target on the company. He also maintained his equivalent of a buy recommendation. A major U.S. bank raised its price target onAppLovin(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 ofWells Fargoupped his fair value assessment on AppLovin stock to $560 per share from $543. He maintained his bullish overweight (i.e., buy) recommenda

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