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This 1 Tech Stock Is Poised for ‘Phenomenal Growth’ According to Wall Street

On Monday, Wedbush reiterated its “Outperform” rating and raised its price target on APP stock to 745from745 from 725 after hosting an advisor call. Analysts led by Alicia Reese said that the company’s “phenomenal growth will continue for the foreseeable future, with a staggering profit margin.” The analysts anticipate that AppLovin will capitalize on ongoing momentum in mobile gaming this year. Growing contributions from e-commerce are also expected to provide a boost.Shares of the advertising technology compan ...