BTIG Lifts PT on AppLovin (APP) Stock

Group 1 - AppLovin Corporation (NASDAQ:APP) is considered one of the best stocks to invest in for the next three years, with BTIG raising the price target from $705 to $771 while maintaining a "Buy" rating, indicating positive sentiment towards the gaming and gambling markets the company serves [1] - Citi analyst Jason Bazinet also maintains a "Buy" rating with a price target of $820, supported by the growth in the company's e-commerce client base and the adoption of the Axon product [2] - The geographic diversity of Axon's user base is improving, suggesting broader international appeal, and the company has achieved growth without significant advertising spend, which is viewed positively [3] Group 2 - AppLovin Corporation is focused on building a software-based platform for advertisers to enhance marketing and monetization of their content [4]