From Barchart: 2025-03-31 10:48:00

BofA Securities reiterates Buy rating and $580 price target on AppLovin (NASDAQ:APP) despite short-seller report questioning business practices and long-term viability. Analysts defend Audience+ product against allegations of lacking differentiation and value. BofA sees concerns as typical industry dynamics, not red flags, and views AppLovin as undervalued with strong growth potential. The bank remains bullish on AppLovin’s prospects for sustained expansion.



Read more at Barchart:: BofA Stands Firm on AppLovin Buy Rating Despite Sh…