AppLovin's stock soars as analysts raise price targets, despite insider sales.

AppLovin's stock has seen a significant boost, with Citigroup raising its price target to $460 and Macquarie to $450, maintaining positive ratings. The company reported strong Q3 earnings, with EPS at $1.25 and revenue up 38.6% year-over-year. Despite insider sales, institutional investors own 41.85% of AppLovin's stock, indicating continued interest in the company's growth.

4 months ago
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