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Evercore ISI Lowers AppLovin Price Target to $510

· 6d ago · Originally reported by Yahoo Finance

Evercore ISI has revised its price target for AppLovin, reducing it from $750 to $510. The adjustment reflects updated analyst expectations for the company's future performance.

Why it matters

Price target changes can influence investor sentiment and reflect shifting views on a company's prospects in the ad tech sector.

Explain it like I’m new here

It's like a coach saying they think a team will score fewer points this season than they first thought.

Read the original at Yahoo Finance

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