AppLovin Stock Jumps As Analyst Initiates 'Strong Buy'

BREAKING: Futures Fall After Tech-Led Gains; Bloom Energy Soars

AppLovin stock jumped back above its 50-day moving average Monday. Analysts with Raymond James gave shares of the advertising technology company a "strong buy" rating in a coverage initiation note. AppLovin's expansion into e-commerce advertising "presents a significant long-term growth opportunity," Raymond James analyst Andrew Marok wrote to clients Monday. He set a price target of 640 for AppLovin (APP)…

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Fuente original: Yahoo Finance (https://www.investors.com/news/technology/applovin-stock-raymond-james-strong-buy/?src=A00220&yptr=yahoo)