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Goldman Sachs Lowers Price Target for AppLovin Stock to $400

· 1h ago · Originally reported by AD HOC NEWS

Goldman Sachs has reduced its price target for AppLovin shares from $465 to $400. No additional details about the reasons for the adjustment were provided.

Why it matters

Changes in analyst price targets can influence investor sentiment and reflect shifting expectations for a company's performance in the ad tech sector.

Explain it like I’m new here

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

Read the original at AD HOC NEWS

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