Wall Street Sees 40% Upside in This Overlooked Tech Stock. Here's Why They're Right.

One stock that has been shuffled to the side this year and largely overlooked is AppLovin (NASDAQ: APP). The stock price is down more than 20% on the year. However, a few Wall Street analysts see significant upside potential in it. Among the analysts bullish on AppLovin stock is Evercore's Robert Coolbrith, who has an "outperform" rating and a $750 price target. Coolbrith believes the stock's valuation is compelling and sees early momentum in its newer e-commerce vertical. Morgan Stanley analysts are also ...

Wall Street Sees 40% Upside in This Overlooked Tech Stock. Here's Why They're Right. - Reportify