AppLovin (APP) Rated Buy at Deutsche Bank on Strength of AI-Driven Advertising Platform
AppLovin Corporation (NASDAQ:APP) is one of the AI Stocks Making Waves on Wall Street. On October 22, Deutsche Bank initiated the stock as “Buy” with a $705 price target. The firm stated that the mobile tech company is firing on all cylinders and has built the “best-in-class” advertising technology. Deutsche Bank analyst Benjamin Black noted that AppLovin is a dominant player within the mobile games’ user acquisition advertising space. It currently boasts an 80% market share on the supply side and more th ...