Benchmark and Jefferies analysts raised price targets on AppLovin Corporation (APP) stock to $775 and $860 respectively, maintaining “Buy” ratings. Factors cited include e-commerce traction, AXON Ads self-serve scale, Gen AI creative capabilities, and margin durability. Bank of America reiterated a “Buy” rating with a $860 price target, emphasizing Axon’s pixel footprint expansion. The company is focused on enhancing marketing and monetization for advertisers through a software-based platform. While APP shows promise, other AI stocks may offer greater upside potential with less downside risk.

Read more at Yahoo Finance: Benchmark Raises PT on AppLovin (APP) Stock