Why AppLovin Stock Crept Almost 2% Higher Today

A bullish pundit note gave a bit of a lift to the shares.Next-generation adtech company AppLovin (APP 1.51%) saw its shares land in positive territory on Thursday, thanks in no small part to a price target raise from a prominent bank. The specialty tech company's shares saw a nearly 2% lift as a result, on a day when the S&P 500 index sank by 0.4%.Banking on continued growthThat bank was Wells Fargo, and the analyst doing the raising was Alec Brondolo. The pundit cranked his AppLovin price target to $491 pe ...